Answer:
-9/10
Step-by-step explanation:
w-1/2=-2/5
w=-2/5-1/2
w=-4-5/10
w=-9/10
She bought 15 bags of dried apples and 8 bags of dried apricots
The amount she should invest today in the annuity is $455,450.40.
<h3>How much should be invested today?</h3>
The first step is to determine the future value of the monthly annuity.
Future value = monthly payment x annuity factor
Annuity factor = {[(1+r)^n] - 1} / r
Where:
- r = interest rate = 3.6/12 = 0.3%
- n = number of periods : 15 x 12 = 180
Future value : 3250 x [(1.003^180) - 1] / 0.003 = 774,171.92
The second step is to determine the present value of this future annuity:
774, 171.92 / (1.036^15) = $455,450.40
To learn more about annuities, please check: brainly.com/question/24108530
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Answer:
-4
Step-by-step explanation:
but there is a negative sign so -4
Forgive me if I'm wrong, math isn't my best subject.
