Annuity formula is given by:
FV=P[(1+r)^n-1]/r
FV=future value
r=rate
n=time
P=principle
Plugging the value from the question we obtain:
FV=10000[(1+0.07)^6-1]/0.07
FV=71,532.91
Thus the current value of the annuity is given by:
A=p(1+r)^n
plugging in the values we obtain and solving for p we get:
71532.91=p(1+0.07)^6
p=71532.91/(1.07)^6
p=$47665.40
Hence the answer:
B] $47665
Answer:
552 miles :)
Step-by-step explanation:
138 times 4 = 552
552/4 = 138
Answer:
Option A.
Step-by-step explanation:
12 cm, 17cm, 25 cm
Answer:
-1
Step-by-step explanation:
Answer:
The answer is 314
Step-by-step explanation:
You need to do
3.14(pie) times the radius times the height divided by 3