1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
il63 [147K]
3 years ago
7

A series of quarterly payments of P1,300 each at the first payment is due at 4 years, and the last payment at the end of 12 year

s. If money is worth 5 ½ % compounded quarterly:
Mathematics
1 answer:
gtnhenbr [62]3 years ago
4 0

Answer:

The Value of Payments is  P18,557.15

Step-by-step explanation:

The quarterly payment is an annuity payment.

Use the following formula to calculate the present value of the payments.

PV of Annuity = Annuity Payment x ( 1 - ( 1 + interest rate )^-Numbers of periods ) / Interest rates

Where

Annuity Payment = Quarterly payment = P1,300

Interest rate = 5.12% x 3/12 = 1.375%

Numbers of periods = 4 years x 12/3 = 16 quarters

PV of Annuity = Value of Payments  = ?

Placing values in the formula

Value of Payments = P1,300 x ( 1 - ( 1 + 1.375% )^-16 ) / 1.375%

Value of Payments =  P18,557.15

You might be interested in
What is the answer of this on (if 3 pieces of candy cost $2.10 how much would four pieces cost)
ale4655 [162]

Answer:

70 hope it helps

Step-by-step explanation:

210/3=70

5 0
2 years ago
If f(1) = 10 and f(n) = f(n = 1) – 4 then find the value of f(5).
svetoff [14.1K]

Given:

f(1)=10 and f(n)=f(n-1)-4.

To find:

The value of f(5).

Solution:

We have,

f(n)=f(n-1)-4

For n=2,

f(2)=f(2-1)-4

f(2)=f(1)-4

f(2)=10-4

f(2)=6

For n=3,

f(3)=f(3-1)-4

f(3)=f(2)-4

f(3)=6-4

f(3)=2

For n=4,

f(4)=f(4-1)-4

f(4)=f(3)-4

f(4)=2-4

f(4)=-2

For n=5,

f(5)=f(5-1)-4

f(5)=f(4)-4

f(5)=-2-4

f(5)=-6

Therefore, the value of f(5) is -6.

5 0
3 years ago
Please help me factor this!! Thanks!
Goryan [66]
We need to find two numbers that multiply to 24 (last coefficient) and add to 10 (middle coefficient). Through trial and error, the two values are 6 and 4

6 + 4 = 10
6*4 = 24

So we can break up the 10ab into 6ab+4ab and then use factor by grouping

a^2 + 10ab + 24b^2
a^2 + 6ab + 4ab + 24b^2
(a^2+6ab) + (4ab+24b^2)
a(a+6b) + 4b(a+6b)
(a+4b)(a+6b)

Therefore, the original expression factors completely to (a+4b)(a+6b)
5 0
3 years ago
If x = 3 /4 and y = 8, consider the sum of x and y. Which statement describes the sum of x and y? A) The sum of x and y is a rat
maksim [4K]

Answer: A is the correct one

4 0
3 years ago
The endpoints of the segment AB are A(-2,4) and B(4,0). Find the endpoints of the image after the segment is reflected over the
serious [3.7K]

Answer:

A' ( 2, 4) and B' ( -4, 0)

Step-by-step explanation:

A ( -2, 4) and B( 4,0)  reflected over the y-axis

A' ( 2, 4) and B' ( -4, 0)

the y-coordinate do not change and the x is opposite sign

(x,y) reflected over y-axis (-x, y)

3 0
3 years ago
Other questions:
  • El grupo 2° A, quieren elaborar una piñata idéntica a la que compraron en la dulcería; para que tenga las mismas dimensiones y f
    7·1 answer
  • Solve the following equation. Then place the correct number in the box provided.
    11·1 answer
  • Fifteen children voted for their favorite color. The votes for red and blue together were double the votes for green and yellow
    15·1 answer
  • HELP ME PLZ ILL GIVE YOU EXTRA POINTS IF U GET IT RIGHT
    5·2 answers
  • Multiply (x-2)(3x+4) using distributive property
    15·2 answers
  • HELPP MEE WITH THIS i"ll GIVE YOU BRAINLIEST!!! Helen had $330 in her savings account when Vince opened a savings account with z
    10·1 answer
  • Simplify the expression. 2(3y - 7) - 5y(2 - y)
    10·2 answers
  • Que es la radicasion ​
    12·1 answer
  • Help with word problem 29
    5·1 answer
  • Grocery Store A is selling bananas for $0.75 for 12 pound. Grocery Store B is selling 5 pounds of bananas for $3.75.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!