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
Answer:
88.796
Step-by-step explanation:
you multiply them...
You combined the x’s together then u wanna move all the x’s to one side then after that you would want to do the opposite of -7, so then you add 7 to 10 and then you would divide everything by 2 and get x=8.5
Multiply 8 by 4 and that will give you 32 then add 9 and you get 41 so the answer is 41 years old
Answer:
Step-by-step explanation:
L = 3*w + 1 Given
P = 2*(L + w) Formula for Perimeter. Substitute for L
P = 2*(3w + 1 + w) Combine
P = 2*(4w + 1)
P = 58 Given
58 = 8w + 2 Remove the brackets
58 - 2 = 8w Subtract 2
56 = 8*w Divide by 8
56/8 = w
7 = w
================
Find L
L = 3*w + 1
L = 3*7 + 1
L = 22
================
Check
2L + 2W = 58
2*22 + 2*7 =? 58
44 + 14 = ? 58
58 = 58
The answer checks.
