Shown are the number of baskets made by Mark in 10 basketball games-
1 answer:
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Answer:
Future value of annuity (FV) = $13,782.12 (Approx)
Step-by-step explanation:
Given:
Periodic payment p = $500
Interest rate r = 13% = 13%/4 = 0.0325 (Quarterly)
Number of period n = 5 x 4 = 20 quarter
Find:
Future value of annuity (FV)
Computation:
Future value of annuity (FV) = $13,782.12 (Approx)
Answer:
Rs. 4266.67(approx) will be paid for gazing 20 cows for 8 weeks.
Explanation:
A shepherd is paid rs. 2400 for gazing 18 cows for 5 weeks .
⇒ Number of money paid for gazing 1 cow for 1 week is,
then,
for gazing 20 cows for 8 weeks is= Rs.
Therefore, the amount paid for gazing 20 cows for 8 weeks is, or Rs. 4266.67(approx)