First calculate the future value of the annuity
The formula to find the future value of an annuity ordinary is
Fv=pmt [((1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT quarterly payment 1500
R interest rate 0.12
K compounded quarterly 4
N time 4 years
Fv=1,500×(((1+0.12÷4)^(4×4)
−1)÷(0.12÷4))
=30,235.32
Now compare the amount of the annuity with amount of the gift
30,235.32−30,000=235.32
So as you can see the amount of the annuity is better than the amount of the gift by 235.32
Second offer is better
Hope it helps!
Answer:
24
Step-by-step explanation:
put 2 over 3 and then simplify it then add the answer with 24
Answer:
-8/7
Step-by-step explanation:
13-7. 8
--------- = --
7
7
If R is the midpoint of PS, then PR = RS -- (1)
Also, PR + RS = PS -- (2)
__________________
PR + RS = PS
7x + 23 + 13x - 19 = PS
__________________
Now, PR = PS
7x + 23 = 13x - 19
7x - 13x = -19 - 23
-6x = -42
x = -42/-6
x = 7
__________________
PS = 7x + 23 + 13x - 19
PS = 7(7) + 23 + 13(7) - 19
PS = 49 + 23 + 91 - 19
<u>PS </u><u>=</u><u> </u><u>1</u><u>4</u><u>4</u><u> </u>
Hope it helps!
꧁✿ ᴿᴬᴵᴺᴮᴼᵂˢᴬᴸᵀ2222 ✬꧂
Hello,
Please, see the attached file.
Thanks.
