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

17)Read the following passage, and answer the question. "The popularity of television shows such as 'CSI' has increased the public's awareness of DNA as a crime

Number 11 and 12 need answers

Certain preparations contain killed or weakened live biological agents that, upon injection into our body, protect the body against those pathogens. What are th

(20 points) Simplify The Expression with work/steps (8+3i) + (-2+ i)

What is the arc length of the subtending arc for an angle of 72 degrees on a circle of radius 4

What are the vertices of the following graph?

the theme of William Wordsworth's "Tintern Abbey"

If two equal sides of an isosceles triangle have length a, find the length of the third side that maximizes the area of the triangle

The mean weight of newborn infants at a community hospital is 6.6 pounds. a sample of seven infants is randomly selected and their weights at birth are recorded

Which trace fossils are created when a worm travels through the soil and the impression is filled with hardened sediment?a.coprolitesb.tracks and trailsc.molds