The options can be rewrited as follow:
A. 5<4
B. 5<5
C. 5<4
D. 4<-5
∴ Answer is none of the above.
Unless perhaps you have written down the question incorrectly.
I believe it is option 2, sorry if incorrect
Answer:
$9891.23
Step-by-step explanation:
The formula for future value of annuity due is:
Where,
- FV is the future value of the annuity (what we need to find)
- P is the periodic payment (here it is $400)
- r is the interest rate per period (here 13% yearly interest is actually percent per period(quarter))
- n is the number of periods (here the annuity is for years, which is periods, since quarterly and there are 4 quarters in 1 year)
Substituting all those values in the equation we get:
Hence, the future value of the annuity due is $9891.23
The answer is <span>C. y = 4x + 4</span>. You can find the slope by rise over run where the rise is 4 and the run is 1. 4/1 is 4. You also know to add 4 as 4 is the value of y when x=0.