What kind of math? algebra? algebra 2?
Step-by-step explanation:
the rate of change in A
10-5/4.5-3 .5
=5.
but where is the function B??
just pick two y values and it's corresponding x values
the rate of change is equal to the gradient .
change in y values divided by change in the x values.
The ordinary annuity and annuity due as required in the task content are; $126,498.08 and $135, 431.43 respectively.
<h3>What is the annuity due?</h3>
a) The amount which would be in the account in 25 years can be evaluated by means of the annuity factor obtained from the table under column 7% and row 25 years and hence, the value in 25 years would be; $2,000 × 63.24904
= $126,498.08.
b) For the annuity due case; the future value is;
= (1+0.07) × $2000((1+0.07)^(25) - 1)/0.07
= (1.07) × $2000(5.43-1)/0.07
= $135, 431.43.
Read more on annuity;
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