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:
-3/8= -6/16=-9/24=-12/32=-15/40....
3/8=6/16=9/24=12/32=15/40=18/48=21/56.....
Answer: $965
Step-by-step explanation:
The used car is priced at $2,695.
If you borrow the money for the car, your payments will be $122 a month for 30 months. This means that the total amount of money that you would have paid at the end of 30 months at a rate of $122 per month is the amount paid per month multiplied by the total number of months. It becomes
Total payment = 122×30 = $3660
This means that you ended up paying higher than you would have paid if you paid cash.
Amount that you would have saved = amount paid over 30 months - cost of the car
Amount that you would have saved
= 3660 - 2695 = $965
Answer:
Step-by-step explanation:
We have the quadratic equation 
i.e. 
As, the roots of the quadratic equation 
are given by 
.
So, from the given equation, we have,
a = 1, b = -36 , c = -324.
Substituting the values in , we get,
i.e. 
i.e. 
i.e. 
i.e. 
and 
i.e. 
and 
i.e. x = 43.45 and x = -7.45
Thus, the roots of the equation are 43.45 and -7.45.
Hence, the factored form of the given expression will be
