Answer:
- value: $66,184.15
- interest: $6,184.15
Step-by-step explanation:
The future value can be computed using the formula for an annuity due. It can also be found using any of a variety of calculators, apps, or spreadsheets.
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<h3>formula</h3>
The formula for the value of an annuity due with payment P, interest rate r, compounded n times per year for t years is ...
FV = P(1 +r/n)((1 +r/n)^(nt) -1)/(r/n)
FV = 5000(1 +0.06/4)((1 +0.06/4)^(4·3) -1)/(0.06/4) ≈ 66,184.148
FV ≈ 66,184.15
<h3>calculator</h3>
The attached calculator screenshot shows the same result. The calculator needs to have the begin/end flag set to "begin" for the annuity due calculation.
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<h3>a) </h3>
The future value of the annuity due is $66,184.15.
<h3>b)</h3>
The total interest earned is the difference between the total of deposits and the future value:
$66,184.15 -(12)(5000) = 6,184.15
A total of $6,184.15 in interest was earned by the annuity.
Answer:
<em>your answer is D lexie will roll an even number roughly 400 times but not exactly 400 times </em>
<em>hope this helps</em>
<t =33 since triangle RUT is isosceles (RU = TU)
<r + <u + <t = 180 triangle = 180
33 + <u + 33 = 180
66 + <u = 180
< u =114
<rus = < sut from the diagram
<rus + <sut = <u
x + x = 114
2x = 114
divide by 2
x = 57
The answer is 1;3 because if you simplified 2;6 you get 1;3 so the answer to that is
a: 1;3
It’s 500.07
all i did was solve x-7%=500 and got 500.07.