Present value of annuity is the present worth of cash flow that is to be received in the future, if future value is known, rate of interest is r and time is n then PV of annuity is

PV of annuity = $\frac{P[1-(1+r)^{-n}]}{r}$

= $\frac{3000[1-(1+0.10)^{-9}]}{0.10}$

= $\frac{3000[1-(1.10)^{-9}]}{0.10}$

= $\frac{3000[1-0.4240976184]}{0.10}$

= $\frac{3000(0.5759023816)}{0.10}$

= $\frac{1,727.7071448}{0.10}$

= 17,277.071448 ≈ $17,277.07

3 0

3 years ago

PLEASE HELP if Suzy can drive 4/5 miles in a half hour how many miles can she drive in 1 hour FOR A TEST PLEASE ANSWER

kati45 [8]

Since you are trying to figure out how many miles she can drive in 1 hour and you already have half of that hour, all you would need to do is double that number.
$\frac{4}{5}$ × $\frac{2}{1}$ = $\frac{8}{5}$

Now, all you would need to do is simplify the answer.
$\frac{8}{5}$ = 1 $\frac{3}{5}$ or 1.6

The answer would be, Suzy can drive 1 $\frac{3}{5}$ or 1.6 miles in 1 hour.

I hope this helps!

5 0

3 years ago

What is the diameter of a circle with a circumference of 30?

Sav [38]

I hope this helps you

4 0

3 years ago

find de number or ways you arrange 5 purple flowers, 3 yellow flowers, 2 red flowers, and 1 white flower in row.

Marta_Voda [28]

Answer: 30 I think

Step-by-step explanation:

5 0

3 years ago