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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

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Work out this question pls
KatRina [158]

Answer:

3 3/16

Step-by-step explanation:

Conversion a mixed number 8 1/2

to a improper fraction: 8 1/2=8×2+1/2=16+1/2=17/2

To find a new numerator:

a) Multiply the whole number 2 by the denominator 3. Whole number 2 equally 2×3/3= 6/

3

b) Add the answer from previous step 6 to the numerator 2. New numerator is 6 + 2 = 8

c) Write a previous answer (new numerator 8) over the denominator 3.

Two and two thirds is eight thirds

Divide: 17/2×8/3=17/2×3/8=17×3/2×8= 51/

16

Dividing two fractions is the same as multiplying the first fraction by the reciprocal value of the second fraction. The first sub-step is to find the reciprocal (reverse the numerator and denominator, reciprocal of 8/3 is 3/8) of the second fraction. Next, multiply the two numerators. Then, multiply the two denominators. In the following intermediate step, it cannot further simplify the fraction result by canceling.

In other words - seventeen halves divided by eight thirds = fifty-one sixteenths.

51/16

3 3/16

7 0
2 years ago
Find the variable of each pair
Lera25 [3.4K]
A. X=4
B. Y= 24, X= 6
5 0
3 years ago
How would you write in standard form 8 thousands+1200 hundreds
Alex_Xolod [135]
It is basically 8 thousand plus one thousand two hundred so your answer would be 9200
4 0
3 years ago
Nita uses 1/3 of a carton of 12 eggs how many eggs does she use
Valentin [98]
What's 1/3 of 12?

Mulitply 1/3 times 12 = 4

Nita uses 4 eggs.
5 0
3 years ago
Please help in this question. I WILL mark brainliest. NO LINKS
deff fn [24]

Answer:

B, you are correct

Area of the bigger trapezoid = (6 + 2) x 1/2 x 6 = 8 x 1/2 x 6 = 4 x 6 = 24

Area of the smaller trapezoid = (4 + 2) x 1/2 x 3 = 6 x 1/2 x 3 = 3 x 3 = 9

<h2>Area of the shaded area = 24 - 9 = 15</h2>

<em>Hope that helps! :)</em>

<em>Hope that helps! :)</em>

<em></em>

<em>-Aphrodite</em>

Step-by-step explanation:

6 0
3 years ago
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