Answer: the value of the annuity when you retire is $130919
Step-by-step explanation:
We would apply the future value which is expressed as
FV = C × [{(1 + r)^n - 1}/r]
Where
C represents the yearly payments.
FV represents the amount of money
in your account at the end of 10 years.
r represents the annual rate.
n represents number of years or period.
From the information given,
r = 7% = 7/100 = 0.07
C = 20/100 × 47400 = $9480
n = 10 years
Therefore,
FV = 9480 × [{(1 + 0.07)^10 - 1}/0.07]
FV = 9480 × [{1.967 - 1}/0.07]
FV = 9480 × 13.81
FV = $130919
Find the difference between each term, (e.g 3,5,7,9 —> the difference is 2 so it would be 2n) and then you minus that number from the first term (3-2=1) so therefore the nth term for that sequence would be 2n + 1
3 and 2/5 ÷ 4 and 1/3
The first step before you can divide these is that you must make them improper fractions, they cannot be mixed numbers.
3 = 3/1 = 15/5
15/5 + 2/5 = 17/5
3 and 2/5 = 17/5
4 = 4/1 = 12/3
12/3 + 1/3 = 13/3
4 and 1/3 = 13/3
Now you can divide 17/5 and 13/3.
Step 1- Turn the fraction you are dividing by into its reciprocal.
13/3 reciprocal equals 3/13
Step 2- Multiply.
17/5 • 3/13
17 • 3 = 51
5 • 13 = 65
Answer: 51/65
Step 3- Simplify if possible.
51/65
This is already in simplest form so there is no need to simplify.
So the answer is 51/65.
Answer:
what
Step-by-step explanation:
Answer:
(4^3)3 and 4^3 • 4^3 = 192 and 4096 = No
(3^4)^4 and 3^8 • 3^8 = 43046721 and 43046721 = Yes
6^4 • 3^4 and 18^8 = 104976 and 11019960576 = No
4^3 • 5^3 and 2^0 = 8000 and 1 = No
