Annuity formula is given by:
FV=P[(1+r)^n-1]/r
FV=future value
r=rate
n=time
P=principle
Plugging the value from the question we obtain:
FV=10000[(1+0.07)^6-1]/0.07
FV=71,532.91
Thus the current value of the annuity is given by:
A=p(1+r)^n
plugging in the values we obtain and solving for p we get:
71532.91=p(1+0.07)^6
p=71532.91/(1.07)^6
p=$47665.40
Hence the answer:
B] $47665
3( x - y )^2 - 2( x - y ) =
<em>(</em><em> </em><em>x</em><em> </em><em>-</em><em> </em><em>y</em><em> </em><em>)</em><em> </em>( 3( x - y) - 2 ) =
( x - y )( 3x - 3y - 2 )
Answer: 13.7
Step-by-step explanation:
Well just substitute y (the first equation) into the second equation.
So
5x-4(5-3x)=-3
Then just solve the equation from there.
5x-20+12x=-3
17x=17
x=1
and if you need y, y=2
(-4, 1)
the solution is always where the two points meet!! :)
