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

sunlight is an example of what type of energy?

what are consumers? and what do they do?

Which of these fractions represent the correct conversion factors (ratios)? a. 1mm/10cm b. 1000m/1km c. 1m/100cm d. 10km/1m e. 1cm/10cm f. 10cm/1m g. 1m/1000mm

what empire was the first to unify india

The following sentence has a misplaced modifier. Christine walked toward the playing field carrying her hockey stick. Which sentence places the modifier in th

36÷(6÷3) plz helppppooooop

Why isn’t the atomic mass always a whole number?

Which of these is outside of the solar system? sun Saturn galaxy moon

The point slope form of the eqaution of the line that passes through (-5,-1) and (10, -7) is y+7= -2/5 (x - 10) what is the standard form of the equation for th

Meg buys 12 bags of sunflower seeds. Each bag has 58 seeds. How many seeds dose meg have??