Answer:
- value: $66,184.15
- interest: $6,184.15
Step-by-step explanation:
The future value can be computed using the formula for an annuity due. It can also be found using any of a variety of calculators, apps, or spreadsheets.
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<h3>formula</h3>
The formula for the value of an annuity due with payment P, interest rate r, compounded n times per year for t years is ...
FV = P(1 +r/n)((1 +r/n)^(nt) -1)/(r/n)
FV = 5000(1 +0.06/4)((1 +0.06/4)^(4·3) -1)/(0.06/4) ≈ 66,184.148
FV ≈ 66,184.15
<h3>calculator</h3>
The attached calculator screenshot shows the same result. The calculator needs to have the begin/end flag set to "begin" for the annuity due calculation.
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<h3>a) </h3>
The future value of the annuity due is $66,184.15.
<h3>b)</h3>
The total interest earned is the difference between the total of deposits and the future value:
$66,184.15 -(12)(5000) = 6,184.15
A total of $6,184.15 in interest was earned by the annuity.
25% of 8 is 2, 8-2=6
2 are red, 6 are blue
Answer:
Period is 2pi
Y- intercept is (0,0)
For points, use the last option
Let's start by solving the first equation.
a) -3 = 7 + 2t/3
To begin simplifying this equation, we should multiply both sides by 3 to get rid of the denominator on the right side of the equation.
-9 = 7 + 2t
Next, we should subtract 7 from both sides to cancel out the 7 on the right side.
-16 = 2t
Finally, we should divide both sides by 2.
t= -8
Now let's move on to the next equation.
b) 4(5x-2) = 7(2x+3)
Let's use the distributive property to get rid of the parentheses and their coefficients.
20x-8 = 14x + 21
Now, lets subtract 14x from both sides of the equation.
6x - 8 = 21
Next, let's add 8 to both sides of the equation.
6x = 29
And divide both sides by the coefficient of x, which is 6.
x = 29/6 or 4 5/6
Now for the last equation.
C) 2x - 6 = 20 - 2.5x
First, we should add 2.5x to both sides to cancel out the -2.5x on the right side of the equation.
4.5x - 6 = 20
Now, let's add 6 to both sides to get the variable term alone.
4.5x = 26
Finally, we should divide both sides by 4.5 to get x by itself.
x = 5 7/9
Hope this helps! :)
