Answer:
<h3>answer is;</h3>
AnBnC ( common place for all)
HAVE A NİCE DAY
Based on the information, Christian would have $5525.5 of annuity.
<h3>How to calculate the annuity?</h3>
According to given information, the number of coffees per week is 3 then, per month is 3x4 = 12
For each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of annuity.
Learn more about annuity on:
brainly.com/question/5303391
#SPJ1
<span>When the temperature of the air is 50°C, the velocity of a sound wave traveling through the air is approximately Answer</span>: 361 m/s
Answer:
I believe 25%
Step-by-step explanation:
There are four equally likely outcomes: HH, HT, TH and TT. Of these, one of these match the criterion given ("the first will come up heads and the second tails”). So the probability is 1/4= 25%.
Answer:
12+4=4+12
2+7+0=2+7
17+(-17)=0
Step-by-step explanation:
first one is clear
second one is a associative property
third onw can be because 2+7+0 is 14 and 2+7 is also 14
17 +(-17) is 0 and the other side it is zero