3 years ago

Pls need answer fast

Mathematics

1 answer:

galina1969 [7]3 years ago

5 0

Answer:

Step-by-step explanation:

The answer is B

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3/8 mile in 3/4 hour

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3 years ago

6k+4k<-4k+6 solve for k

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3 years ago

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3 years ago

Read 2 more answers

Dan was getting rs. 100 for 5 years at an interest rate of 5%. Find the accumulated value of annuity at the end of 5 years

Citrus2011 [14]

The future value of the annuity after the end of 5 years is $552.56.

Given that, r =5%= 0.05, 5 years = 5 yearly payments, so n = 5, and P = $100.

<h3>What is the annuity formula?</h3>

The formula to find the annuity formula $FV=\frac{P \times ((1+r)^{n}-1 )}{r}$ .

Now, $FV=\frac{100 \times ((1+0.05)^{5}-1 )}{0.05}$

⇒FV = 100 × 55.256

⇒FV = $552.56

Therefore, the future value of the annuity after the end of 5 years is $552.56.

To learn more about the annuity formula visit:

brainly.com/question/11691655.

#SPJ1

5 0

2 years ago