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Ivan
3 years ago
11

Kofi is going to school and i-95 in a sentence​

Mathematics
1 answer:
Sunny_sXe [5.5K]3 years ago
3 0
There no picture put a picture
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Find the future value of an annuity due of $400 each quarter for 4 1 2 years at 13%, compounded quarterly. (Round your answer to
Flura [38]

Answer:

$9891.23


Step-by-step explanation:

The formula for future value of annuity due is:

FV=P[\frac{(1+r)^{n}-1}{r}]*(1+r)

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 \frac{13}{4}=3.25 percent per period(quarter))
  • n is the number of periods (here the annuity is for 4\frac{1}{2} years, which is 4\frac{1}{2}*4=18 periods, since quarterly and there are 4 quarters in 1 year)

Substituting all those values in the equation we get:

FV=400[\frac{(1+0.0325)^{18}-1}{0.0325}]*(1+0.0325)\\=400[23.9497]*(1.0325)\\=9891.23

Hence, the future value of the annuity due is $9891.23

3 0
3 years ago
Use trigonometry to find the value of x. Round your answer to the nearest whole degree
Paladinen [302]
70% degree I hope that’s the right answer
8 0
2 years ago
Consider the equation x^2= -36, what are the solutions?
Kruka [31]
The correct answer is:  [D]:  "no real solutions" .
_____________________________________________________
   
The only "answers" would be:  " <span>± 6i " ;  
</span>           →  <span>both of which are not "real solutions" . 
_____________________________________________________

</span>
7 0
3 years ago
What’s 706 divided by 0363
ioda
706 ÷ 0363
1.94490358127 is your answer.
6 0
3 years ago
Kevin took his car to Dwain's Automotive to have the engine replaced. Kevin was
tamaranim1 [39]

Answer:

Step-by-step explanation:

$2400 in labor

4 0
3 years ago
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