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

If 2H2SO4 is part of a chemical equation, how many oxygens atoms from sulfuric acid are involved in the chemical equation

John grew 36 plants with 12 seed packets. With 15 seed packets, how many total plants can John have in his backyard?

Ms. Lopez buys 12 packages of socks for her sons. Each package contains 5 pairs of socks. If she gives one son 32 pairs, how much does she give the other son?

One of the defining characteristics of implicit memory is that.

Factor 20x2 25x – 12x – 15 by grouping. 1. Group terms with common factors. 2. Factor the GCF from each group. 3. Write the polynomial as a product of binomials

Which muscle helps compress the abdominal contents during defecation or childbirth?.

Evaluate the expression; |x+2|\x+2

If (6,8), (-3, 8), and (6,-4) are the coordinates of the vertices of a triangle, what is the perimeter of the triangle?

Which of the following is someone who collects and examines evidence in actual crimes? Criminologist Criminalist Criminal justice professional Criminal

What unit of measurement would you use to measure the length of your foot?