Step-by-step explanation:
Hope it helps you in your learning process.
Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT monthly payment 608
R interest rate 0.06
K compounded monthly 12
N time 6years
So
Fv=608×(((1+0.06÷12)^(12×6)
−1)÷(0.06÷12))
=52,536.58...answer
Good luck!
There is one zero in the ten thousands place.
There is another zero in the hundreds place.
Both of them have the value of zero.
Answer:
42.77
Step-by-step explanation:
The pattern is taking away 0.3. 43.07 minus 0.3 equals 42.77