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2 years ago

HELP ASAP!!! ILL GIVE LOTS OF POINTS AND BRAINLIST PLEASE SHOW HOW YOU GOT THE ANSWER!

Mathematics

1 answer:

Kruka [31]2 years ago

7 0

Answer: 27

Step-by-step explanation:

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A 10-year annuity pays $1,850 per month, and payments are made at the end of each month. If the APR is 12 percent compounded mon

Fittoniya [83]

Based on the amount the annuity pays per month and the APR, the value of the annuity today is $133,349.85.

<h3>What is the present value of the annuity?</h3>

First, find the present value of the annuity at 5 years:

= 1,850 x present value interest factor of annuity, 60 months, 8/12%

= 1,850 x 49.32

= $91,242

Then find the present value of the annuity from 5 years till date:

= (1,850 x present value interest factor of annuity, 60 months, 12/12%) + ( 91,242) / (1 + 1%)⁶⁰)

= (1,850 x 44.955) + ( 91,242) / (1 + 1%)⁶⁰)

= $133,349.85

Find out more on the present value of annuities at brainly.com/question/24097261.

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4 0

1 year ago

Wave Corporation began the current year with a retained earnings balance of $25,000. During the year, the company corrected an e

Hitman42 [59]

Answer:

$30,000.

Step-by-step explanation:

Wave Corporation began the current year with a retained earnings balance of $25,000.

Depreciation expense was of $5000

During the current year, the company earned net income of $15,000

Also gave cash dividends of $5,000.

So, year end retained earnings will be :

Year end retained balance = total net income minus net losses and dividends.

$25000-5000+15000-5000=30000$ dollars

The answer is $30,000.

7 0

3 years ago

CAN SOMEONE PLEASE GIVE ME THE ANSWER TO QUESTION 6? PLS ILY

SashulF [63]

Answer:

12.5

Step-by-step explanation:

We want to find 1/8 of 100 so we would write it as 100÷8 to get 12.5

Now we know that 12.5 is equivalent to 1/8 but let's double check.

12.5×8 is 100

1/8 ×8 is 8/8

100=8/8

8 0

2 years ago

John ran 6 2/3 miles last week he ran 1 1/3 miles each day how many days did he run

Murljashka [212]

$6\frac{2}{3} = \frac{3(6) + 2}{3} = \frac{20}{3} miles$

$1\frac{1}{3} = \frac{3(1) + 1}{3} = \frac{4}{3} miles/day$

$\frac{20}{3} miles$ ÷ $\frac{4}{3} miles/day$

= $\frac{20(miles)}{3}$ * $\frac{3(days)}{4 (miles)}$

= $\frac{20(3) days}{3(4)} = \frac{20 days}{4} = 5 days$

Answer: 5 days

4 0

2 years ago

The measure of two angles in a triangle are shown in the diagram what equation can be used to find the value of x

earnstyle [38]

Answer:

Step-by-step explanation:

5 0

3 years ago