First calculate the future value of the annuity
The formula to find the future value of an annuity ordinary is
Fv=pmt [((1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT quarterly payment 1500
R interest rate 0.12
K compounded quarterly 4
N time 4 years
Fv=1,500×(((1+0.12÷4)^(4×4)
−1)÷(0.12÷4))
=30,235.32
Now compare the amount of the annuity with amount of the gift
30,235.32−30,000=235.32
So as you can see the amount of the annuity is better than the amount of the gift by 235.32
Second offer is better
Hope it helps!
Answer:
x=10
Step-by-step explanation:
5x - 6 = 44
(add 6 to 44)
5x=50
(divide 5 into 50)
x=10
Answer:
C. Sometimes
Step-by-step explanation:
Placement of the c could indicate a rotated rectangle.
Answer:
yes
Step-by-step explanation:
Should take him 6 hours since he is already 5 miles out he has 4.3 hours left
