Answer:
Annuity due is an annuity whose payment is due immediately at the beginning of each period. Annuity due can be contrasted with an ordinary annuity where payments are made at the end of each period. A common example of an annuity due payment is rent paid at the beginning of each month.
Step-by-step explanation:
Examples of annuities are regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.
Answer:
9.09
Step-by-step explanation:
x=speed of boat
y=speed of water current
Downstream relative speed = x+y
Upstream relative speed = x-y
Distance remains the same for both upstream and downstream.
a) Distance travelled downstream = speed x time = 3(x+y)
Distance travelled upstream = speed x time = 3.6(x-y)
b) Since both distances are equal, we can write
3(x+y)= 3.6(x-y)
3x+3y = 3.6x-3.6y
6.6y = 0,6x
x=11y: y=x/11
c) Water current has speed as 1/11 times of that of boat
In percent this equals 100/11 = 9.09%
Answer:
2x+6=6+2x
-6 -6
2x=2x
/2 /2
x=x
No solution
Step-by-step explanation:
