Answer:
a=54iiiipoiujhghnmn n
Step-by-step explanation:
5.68018 million UK£60 UK£
To simplify 7C4 we use the combination formula given by:
nCr=n!/[(n-r)!r!]
thus:
In our case we shall have:
n=7 and r=4
7C4
=7!/[(7-4)!4!]
=5040/[6×24]
=5040/144
=35
The answer is 35
The formula of the future value of annuity ordinary
Fv=pmt [(1+r)^(n)-1)÷r]
Fv future value
Pmt payment per year 4000
R interest rate 0.0215
N time 5 years
Fv=4,000×(((1+0.0215)^(5)−1)÷(0.0215))
fv=20,878.69