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Virty [35]
3 years ago
10

Keith wants to save money to purchase a car. He buys an annuity with quarterly payments that earn 2.8% interest, compounded quar

terly. Payments will be made at the end of each quarter. Find the total value of the annuity in 5 years if each quarterly payment is $851.
Mathematics
1 answer:
I am Lyosha [343]3 years ago
6 0

Answer: On each, first identify as a Future Value annuity or Present Value annuity. Then answer the question. 1) How much money must you deposit now at 6% interest compounded quarterly in order to be able to withdraw $3,000 at the end of each quarter year for two years?

Step-by-step explanation: hope this helps

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adell [148]

Answer:

0.4 pounds

Step-by-step explanation:

10 pounds / 25 square feet

to get the number of pounds per feet

10 / 25 = 0.4

so, your answer is 0.4 pounds per 1 square foot

6 0
3 years ago
A candy manufacturer says on its web site that it wants to reach a 60 : 40 consumer taste preference for new products.What do yo
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3 years ago
Alicia used 4 gallons of gasoline to travel 90 miles. At the same rate, how far can she travel on a full tank that holds 18 gall
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6 0
4 years ago
A leaking pond loses 20 gallons of water in 35 hours. How many gallons of water will it lose in 47 hours?
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6 0
3 years ago
Use a calculator to find the missing side length. Tell whether the side lengths form a Pythagorean Triple.
12345 [234]
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5 0
4 years ago
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