Princesscxrinne
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 philipscaster83
  • 01-05-2018
4,725×((1−(1+0.1÷2)^(−2
×15))÷(0.1÷2))
=72,634.83
Answer Link

Otras preguntas

Bonnie deposits $70.00 into a new savings account. The account earns 4.5% simple interest per year. No money is added or removed form the savings account for 3
What was discovered in 1965 and is believed to be leftover thermal energy from the big bang? red shift the Eagle Nebula the Doppler effect background radia
1) 0=13-2x+5-11 x = ? 2) 5-3p+2p=-10 p=?
What is number 1 and 2?
PLEASE HELP What do the Supreme Court decisions in the cases of Griswold v. Connecticut and Roe v. Wade have in common? A. limitations on executive privilege B.
Pam walks 7/8 of a mile to school.Paul walks 5/6 of a mile to school.How much farther does Pam walk than Paul?
What caused the United States to enter World War II on the side of the Allies? A. Germany's attack on Britain B. Japan's attack on Pearl Harbor, Hawaii C. Germa
Ali has 16 mints that he wants to give to 2 friends. He wants each friend to have the same number of mints. how many does each friend get?Ali has 16 mints that
which is greater 8456ml or 9L
Approximately how old is the earth?a) 3.8 billion years oldb) 4.6 billion years oldc) 3.8 million years oldd) 4.6 million years old