The formula of the future value of an annuity ordinary is
Fv=pmt [((1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT semiannual payment 1500
R interest rate 0.025
K compounded semiannual 2
N time 8 years
Fv=1,500×(((1+0.025÷2)^(2×8)
−1)÷(0.025÷2))
=26,386.75
Hope it helps!
Just subtract 6-6 and 8-6 then divide 1/2 by both sides
Answer:
41 units
Step-by-step explanation:
The diagonal forms a right triangle with the sides, so we can use Pythagorean theorem.
c² = a² + b²
d² = 9² + 40²
d = 41
The diagonal is 41 units long.
Answer:
y= -1/7x+23/7
Step-by-step explanation: