Princesscxrinne Princesscxrinne

01-05-2018
Mathematics

contestada

Find the present value of annuity
Amount per payment:$4725
Payment at the end of each: 6 months
Number of years : 15
Interest rate: 10%
Compounded: semiannually

Respuesta :

philipscaster83 philipscaster83

01-05-2018

4,725×((1−(1+0.1÷2)^(−2
×15))÷(0.1÷2))
=72,634.83

Answer Link

Otras preguntas

At Melville High School 20% of the girls and 50% of the boys went to a basketball game. Since 40% of all the students were girls, what percent of all students w

What is the gig economy?

Alicia has 7 painting she wants to hang side by side on her wall. In how many ways can she arrange all 7 paintings?

What is an embryo? And what does seeing the similarities and differences in embryology tell us about organisms?

Select all the correct answers. Which two sentences best describe characteristics of business writing 1.it adheres to specific conventions 2.It uses informal la

What is the range of the function shown in this table? X 3 4 5 6 y 4 4 2 5 А. (3, 4) В. (3, 4), (4, 4), (5, 2), (6, 5) с. {3, 4, 5, 6} D. {2, 4, 5}

Find the perimeter of the figure to the nearest hundredth.

Compare the fraction 1:24,000 to the fraction 1:3,168,000; which is the largest rational number

Preston has to make four phone calls to clients today. The call to Mr. Miller will take about an hour to complete, the call to Ms. Winnecuit will take about fi

92.3 was rounded to 1.d.p. What is the lower bound?