To start off with you need to get math-way it will help out
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!
⇒
is a improper fraction.
as a mixed number would be 4
⇒10 x 4 = 40
⇒40 + 9 = 49
= 4
⇒ANSWER = 4
Answer:
603
Step-by-step explanation:
603/8
600/8 + 3/8 = 75, 3/8
I believe it’s c but I could be wrong
