Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r)^(t)-1)÷r]
Fv future value?
PMT 500
R 0.06
T 8 years
Fv=500×(((1+0.06)^(8)−1)÷(0.06))
Fv=4,948.73
Option c
Hope it helps
Answer:
a6=6
Step-by-step explanation:
Answer:
Step-by-step explanation:
Charging by the quarter mile is for purpose of making that particular taxi service seem cheaper than the others when they post a per mile charge. If this taxi company is charging .50 per 1/4 mile, they are charging $2 per mile. So we will base our equation on the per mile charge, not the per quarter-mile charge. If x is the number of mile driven (our uknown), and we have a flat fee of $2.50 regardless of how many miles we are driven, the cost function in terms of miles is
C(x) = 2x + 2.50
If we are driven 5 miles, then
C(5) = 2(5) + 2.50 so
C(5) = 10 + 2.50 and
C(5) = $12.50
It would cost $12.50 to be driven 5 miles
Answer:14
Step-by-step explanation:
He takes 2 a week so 2 times 7 is 14
