PLEASE ANSWER, ITS SIMPLE

A 10-year annuity pays $1,850 per month, and payments are made at the end of each month. If the APR is 12 percent compounded mon

Fittoniya [83]

Based on the amount the annuity pays per month and the APR, the value of the annuity today is $133,349.85.

<h3>What is the present value of the annuity?</h3>

First, find the present value of the annuity at 5 years:

= 1,850 x present value interest factor of annuity, 60 months, 8/12%

= 1,850 x 49.32

= $91,242

Then find the present value of the annuity from 5 years till date:

= (1,850 x present value interest factor of annuity, 60 months, 12/12%) + ( 91,242) / (1 + 1%)⁶⁰)

= (1,850 x 44.955) + ( 91,242) / (1 + 1%)⁶⁰)

= $133,349.85

Find out more on the present value of annuities at brainly.com/question/24097261.

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4 0

2 years ago

Serggg [28]

Answer:

value of sides YZ is 36 cm

Step-by-step explanation:

Similar triangles states that the length of the corresponding sides are in proportion.

Given that: ΔABC is similar to ΔXYZ

then;

Corresponding sides are in proportion i.e

$\frac{AB}{XY}=\frac{BC}{YZ}=\frac{AC}{XZ}$ .....[1]

As per the statement:

side AB = 6 cm, side BC =18 cm and side XY = 12 cm.

Substitute these in [1] to solve for side YZ;

$\frac{6}{12}= \frac{18}{YZ}$

or

$\frac{1}{2} = \frac{18}{YZ}$

By cross multiply we have;

$YZ = 36$ cm

Therefore, the value of sides YZ is 36 cm

4 0

3 years ago

Read 2 more answers

Write the equation of the line in slope-intercept form.

Ymorist [56]

Answer:

y = 1/40x + 20

Step-by-step explanation:

Slope-intercept equation format:

y = mx + b

m = slope/ gradient/ constant of variation/ rate of change

b = y-intercept

To find the slope, use the formula:

$\frac{y_2-y_1}{x_2-x_1}$

Find two random points:

1 - (0.5, 40) , 2 - (1, 60)

Plug in:

$\frac{60-40}{1-0.5}$

Solve:

$\frac{20}{0.5}$

Divide:

$\frac{1}{40}$

The y-intercept is when the x-coordinate is equal to 0.

The y-intercept is always the beginning.

So observing the graph, the first point is (0, 20)

The x-coordinate is 0.

Y intercept = 20.

Plug in both slope and y-intercept:

y = 1/40x + 20

8 0

2 years ago

Is 0.35 grater than 300 mL

Sveta_85 [38]

Answer:

yes

Step-by-step explanation:

yes

6 0

2 years ago

Needed Right now Worth 50 points

zimovet [89]

a = The cost of the pizza.

b = The cost of the pizza and sales tax.

f(a) = The cost of the pizza.

g(b) = The cost of the pizza and sales tax.

g(f(a)) = The cost of the pizza, sales tax, and delivery fee

5 0

2 years ago