Hi there
The formula of the future value of annuity ordinary is
Fv=pmt [(1+r/k)^(kn)-1)÷(r/k)]
Fv future value?
PMT quarterly payment 600
R interest rate 0.059
K compounded quarterly 4
N time 6 years
Fv=600×(((1+0.059÷4)^(4×6))
÷(0.059÷4))=57,806.50
Hope it helps
I can help you but what are the options?
198
It goes times add 3 and then this pattern repeats.
15 square meters, hmm...
Your answer is 47.1111
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Answer:
1/5
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