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)=p[\frac{(1+r)^n-1}{r} ] \\\\Future\ value\ of\ annuity\ (FV)=500[\frac{(1+0.0325)^{20}-1}{0.0325} ] \\\\Future\ value\ of\ annuity\ (FV)=13,782.1219 \\\\](https://tex.z-dn.net/?f=Future%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3Dp%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D500%5B%5Cfrac%7B%281%2B0.0325%29%5E%7B20%7D-1%7D%7B0.0325%7D%20%5D%20%5C%5C%5C%5CFuture%5C%20value%5C%20of%5C%20annuity%5C%20%28FV%29%3D13%2C782.1219%20%5C%5C%5C%5C)
Future value of annuity (FV) = $13,782.12 (Approx)
Answer:
?
Step-by-step explanation:
By difference I think you mean how far away from? I don't really know what you mean by this but I will try to help.
1/2-4=-3 1/2
2-(-3 1/2)=5 1/2
<u>-3 1/2</u>
5 1/2
Above is a fraction.
I hope that I helped. Sorry if it wasn't the answer you were looking for.
Answer:
A,C,D,E
Step-by-step explanation:
When plotting to use the form
(X,Y) aka (horizontal, vertical)
<u>Answer:</u>
x = 0.417 or x = -0.917
<u>Step-by-step explanation:</u>
We are given the following expression and we are to solve it for the variable x:
We will find the least common multiple of 2. 6 and 9:
Simplifying it to get:
Using the quadratic formula to solve for x:
or 
or 
