The answer is C
So how?
I multiplied 48*.19= 9.12 then subtracted that from 48 and got 38.88 which rounds to 39
C is the answer
I hope this helps! :D
Answer:
Ordinary annuity
Step-by-step explanation:
Given : ABC Insurance offers an annuity with 4.5% APR for the next 5 years. You decide to invest $1000 each year into this account.
To find : What type of annuity is this?
Solution :
Annuity is the form of insurance in which some of the money is paid each year to secure for future.
There are two types of annuity:
Ordinary annuity - In this annuity the payment is made at the end of each period over a fixed length of time. Also in this annuity payments are made monthly, quarterly, semi-annually or annually.
Annuity due - is the opposite of ordinary annuity as in this the payment is made at the beginning of each period.
In the given situation the annuity is ordinary annuity because the investment is done each year for 5 years.
<h3>The expression for the length of fabric used for each doll is
</h3>
<em><u>Solution:</u></em>
Given that,
Margaret has 16 yards of fabric
she is making dresses for z doll
Therefore,
Total length of fabric = 16 yards
Number of dresses = z dolls
Therefore,
Thus, the expression for the length of fabric used for each doll is
Actually is close, like rounding anything above 5 is rounded up, 5 and below stays the same. It's 261,177 that means it is around 40,000 away from 300,000. Therefore is it closer
