Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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Answer:
Yes
Step-by-step explanation:
Use the completing the square method:
16(x^2-x)+4
=16((x-1/2)^2 - (1/2)^2)+4
=16((x-1/2)^2 - 1/4)+4
=16((x-1/2)^2) - 16/4 + 4
=16(x-1/2)^2
=4^2(x-1/2)^2
The product of two square is itself a square.
A equation of a linear function in a standard form:
Ax + By = C
<h3>Answer: YES. It's a linear function.</h3>
If this question is about percent whole and part then the answer is
Answer:
The third option: (f°g)(x)=1.07(0.65x)=06955x
Step-by-step explanation:
The reason I chose this is because 0.65x is the discount price. That's because 35% off is the same as 1.00-0.35 which equals 0.65. After that you would multiply that discount price by 1.07 because you want the 7% sales tax added on to the discount price. Therefore, I would choose the third option as my answer.
