What is the formula for the future value of an ordinary annuity ?
A.
B.
C.
D.
Answer: A
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Using the compound interest tables, answer the following questions. ? Required: a.How much will be accumulated on January 1, 2018 if $450,000 is deposited on January 1, 2014, and interest is compounded annually at 10%?b.How much will be accumulated on December 31, 2024 if $80,000 is deposited on December 31, 2014, and the fund pays 9% interest compounded semiannually?c.What will be on deposit on January 1, 2019 if $50,000 is deposited on January 1, 2014, in a fund that earns 16% interest compounded quarterly?
What will be an ideal response?
Provide an appropriate response.Evaluate
Fill in the blank(s) with the appropriate word(s).
Simplify the expression.sin 8x cos 8x
A. cos 4x
B. 2 sin 4x
C. cos 8x
D. sin 16x
On January 1, 2017, Jefferson Company completed arrangements to purchase a new piece of equipment. The agreement calls for equal annual payments on January 1 of each year for six years. The first payment of $7,500 is to be made on January 1, 2017. The interest rate is 12%. ? Required: ? Calculate the cost of the equipment to Jefferson Company.
What will be an ideal response?