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stira [4]
3 years ago
12

Juan has an annuity that pays him $9400 at the beginning of each year. Assume the economy will grow at a rate of 3.4% annually.

What is the value of the annuity if he received it now instead of over a period of 10 years?
Mathematics
2 answers:
Damm [24]3 years ago
5 0

Answer:

We simply determine the present value of a compound increasing annuity.

Step-by-step explanation:

Nady [450]3 years ago
4 0

Answer: $81,243.05

Step-by-step explanation:

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Step-by-step explanation:

8 0
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5 0
3 years ago
Multiply (-8x - 9)(-9x2 + 7x - 9).
Misha Larkins [42]
= <span>(-8x - 9)(-9x2 + 7x - 9)

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Hope this helps!
3 0
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