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
Answer:
x = 9
Step-by-step explanation:
Substitute y=6 into 2x+3y=36
2x+3(6) =36
2x + 18 = 36
2x = 18
x = 9
Aerobic, it uses oxygen for a longer period of time.
Answer:
$3,190.80
Step-by-step explanation:
yr 1:
27500 x .35 = 9625
27500 - 9625 = 17875
yr 2:
17875 x .35 = 6256.25
17875 - 6256.25 = 11618.75
yr 3:
11618.75 x .35 = 4066.5625
11618.75 - 4066.5625 = 7552.1875
yr 4:
7552.1875 x .35 = 2643.265625
7552.1875 - 2643.265625 = 4908.921875
yr 5:
4908.921875 x .35 = 1718.12265625
4908.921875 - 1718.12265625 = 3190.79921875