Based on the amount the annuity pays per month and the APR, the value of the annuity today is $133,349.85.
<h3>What is the present value of the annuity?</h3>
First, find the present value of the annuity at 5 years:
= 1,850 x present value interest factor of annuity, 60 months, 8/12%
= 1,850 x 49.32
= $91,242
Then find the present value of the annuity from 5 years till date:
= (1,850 x present value interest factor of annuity, 60 months, 12/12%) + ( 91,242) / (1 + 1%)⁶⁰)
= (1,850 x 44.955) + ( 91,242) / (1 + 1%)⁶⁰)
= $133,349.85
Find out more on the present value of annuities at brainly.com/question/24097261.
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Answer:
I don't know how to help either I need the same answers as you pls
Answer:
40%
Step-by-step explanation:
Subtract 1,400 by 1,000 then divide by 1,000
<span>17⁄40 simplest form. ..........
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prime1
/prīm/
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See definitions in:
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adjective
1.
of first importance; main.
"her prime concern is the well-being of the patient"
Similar:
main
chief
key
primary
central
principal
foremost
first
most important
paramount
major
dominant
supreme
overriding
cardinal
preeminent
ultimate
number-one
fundamental
basic
essential
elemental
vital
Opposite:
secondary
subordinate
2.
of the best possible quality; excellent.
"prime cuts of meat"
Similar:
top-quality
highest quality
top
top-tier
best
first-class
first-rate
high-grade
grade A
superior
supreme
flawless
choice
select
finest
superlative
peak
optimal
model
excellent
marvelous
magnificent
superb
fine
wonderful
exceptional
formidable
top of the range
top of the line
tip-top
A1
stellar
top-notch
Opposite:
inferior
noun
1.
a state or time of greatest strength, vigor, or success in a person's life.
"you're in the prime of life"
Similar:
heyday
best days/years
day
time
prime of one's life
maturity
youth
springtime
salad days
bloom
flowering
full flowering
perfection
peak
pinnacle
height
high point/spot
zenith
ascendancy
2.
CHRISTIAN CHURCH
a service forming part of the Divine Office, traditionally said (or chanted) at the first hour of the day (i.e., 6 a.m.), but now little used.prime1
/prīm/
Learn to pronounce
See definitions in:
All
Mathematics
Religion
Printing
Fencing
Weapons
Building
Mechanics
Motoring
Biochemistry
adjective
1.
of first importance; main.
"her prime concern is the well-being of the patient"
Similar:
main
chief
key
primary
central
principal
foremost
first
most important
paramount
major
dominant
supreme
overriding
cardinal
preeminent
ultimate
number-one
fundamental
basic
essential
elemental
vital
Opposite:
secondary
subordinate
2.
of the best possible quality; excellent.
"prime cuts of meat"
Similar:
top-quality
highest quality
top
top-tier
best
first-class
first-rate
high-grade
grade A
CHRISTIAN CHURCH
a service forming part of the Divine Office, traditionally said (or chanted) at the first hour of the day (i.e., 6 a.m.), but now little used.