Answer:
- value: $66,184.15
- interest: $6,184.15
Step-by-step explanation:
The future value can be computed using the formula for an annuity due. It can also be found using any of a variety of calculators, apps, or spreadsheets.
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<h3>formula</h3>
The formula for the value of an annuity due with payment P, interest rate r, compounded n times per year for t years is ...
FV = P(1 +r/n)((1 +r/n)^(nt) -1)/(r/n)
FV = 5000(1 +0.06/4)((1 +0.06/4)^(4·3) -1)/(0.06/4) ≈ 66,184.148
FV ≈ 66,184.15
<h3>calculator</h3>
The attached calculator screenshot shows the same result. The calculator needs to have the begin/end flag set to "begin" for the annuity due calculation.
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<h3>a) </h3>
The future value of the annuity due is $66,184.15.
<h3>b)</h3>
The total interest earned is the difference between the total of deposits and the future value:
$66,184.15 -(12)(5000) = 6,184.15
A total of $6,184.15 in interest was earned by the annuity.
Answer:
a) -9, -5, 2, 3
b) 1.66, 0,33, -1.55, -3.25
c) -4.01, -3.35, 0.35, 0.81
Step-by-step explanation:
Answer:
y + 7 =
(x + 6)
Step-by-step explanation:
The equation of a line in point- slope form is
y - b = m(x - a)
where m is the slope and (a, b ) a point on the line
Here m =
and (a, b ) = (- 6, - 7 ) , then
y - (- 7) =
(x - (- 6) ) , that is
y + 7 =
(x + 6)
Given:
The table of values.
To find:
The y-intercept of the given function.
Solution:
The table of values represents a linear function because the rate of change is constant.
Consider any two points from the given table. Let the two points are (-2,15) and (1,6). Then the equation of the linear function is





Adding 15 on both sides, we get


Putting x=0, we get



The y-intercept is 9. Therefore, the correct option is C.
4/5. I was doing math assignments like this earlier and remember how to do this. If you need more help on this let me know.