The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT payment 6200
r interest rate 0.06
K compounded semiannual 2
N time 5 years
Fv=6,200×(((1+0.06÷2)^(2×5)) ÷(0.06÷2))=277,742.72
Hope it helps
First, convert 5 hours into minutes:
5 hours 60 min
------------ * --------------- = 300 min
1 1 hr
Next, find the unit rate in m/min:
9673.6 m
--------------- = 32.24 m/min
300 min
Now find the distance you can walk in 70 minutes at this rate:
32.24 m
------------- * 70 min = 2247 meters (answer)
1 min
You could walk 2247 meters (to the nearest meter) in 70 minutes.
Answer:
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Step-by-step explanation:
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Answer:
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Step-by-step explanation:
A: the independent variable is the number of soccer games you officiate
B: the dependent variable is your earnings
C: e = earnings; s = soccer games
e = 15s