The formula of the present value of annuity due:
![PV=C*[\frac{1-(1+i)^{-n}}{i}]*(1+i)](https://tex.z-dn.net/?f=PV%3DC%2A%5B%5Cfrac%7B1-%281%2Bi%29%5E%7B-n%7D%7D%7Bi%7D%5D%2A%281%2Bi%29)
For your case:
C = $3000
i = 12% / 100 = 0.12
n = 3 * 2 = 6 (semiannually for 3 years means 6 payments)
So, the solution is:
![PV=3000*[\frac{1-(1+0.12)^{-6}}{0.12}]*(1+0.12)=3000*[\frac{1-0.5066}{0.12}]*1.12=](https://tex.z-dn.net/?f=PV%3D3000%2A%5B%5Cfrac%7B1-%281%2B0.12%29%5E%7B-6%7D%7D%7B0.12%7D%5D%2A%281%2B0.12%29%3D3000%2A%5B%5Cfrac%7B1-0.5066%7D%7B0.12%7D%5D%2A1.12%3D)
Answer:
y=1, x=1
Step-by-step explanation:
This is a 90-45-45 triangle. One side is a sq root 2, and the other sides are a and a.
For example, if one side was 3 sq root two, then the other sides would be 3 and 3
Answer: The answer is actually C
Step-by-step explanation:
Determination is your will power of doing something. Someone who is determined has the firmness of purpose and the resolve to achieve a goal.
Synonyms:
<em>resolution, resolve, resoluteness, character.</em>
<em />
Antonyms:
<em>weak-mindedness, pusillanimity. </em>
It is 2.47 dollars in the united states