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

chelsea's little brother packs 7 toys. if each toy weighs 1 3/4 ounces how any ounces does his baa weigh

what is the percentage of 0.08

Multiply the polynomials (5x^2+4x-4)(4x^3-2x+6) Explain your steps!!

what were joseph pulitzer and william randolph hearst well known pioneers of? A. publishing news journals aimed at the upper soical classes in america. B. produ

what's abnormal psychology?

If the frequency of the waves produced by a vibrating object increases, how does the wavelength of the waves produced change? A) It stays the same B) It decrea

In "The Tall Woman and Her Short Husband," which of the following best describes how most of the residents in Unity Mansions felt about Mrs. Tall and Mr. Short

What distance would Mario travel if he drove for 4 3/4 hours at 70 miles per hour? Assume that a steady speed was maintained.

Why doesn't Odysseus clasp Nausicaa's knees?

Turn right at the next intersection, then go straight for about two kilometers. Go ______ the school and the supermarket, and then turn left. A: to B: through C