Find the present value of the ordinary annuity. Round to the nearest cent.Payments of $4800 are made annually for 9 years at 7% compounded annually.

A. $36,516.89
B. $31,273.11
C. $24,158.17
D. $48,283.62


Answer: B

Mathematics

You might also like to view...

Write in exponential form.

A. (x4y2)2 B. (x4y2)1/2 C. x4y1/2 D. x1/4y1/2

Mathematics

Write the function in the form y = f(u) and u = g(x). Then find dy/dx as a function of x.y = csc(cot x)

A. y = csc u; u = cot x;  = csc3 x cot x
B. y = cot u; u = csc x;  = csc2(csc x) csc x cot x
C. y = csc u; u = cot x;  = - csc(cot x) cot(cot x)
D. y = csc u; u = cot x;  = csc(cot x) cot(cot x) csc2 x

Mathematics

Provide an appropriate response.Write the sum in standard notation using the given units of measure: 5 ft 8 in. + 1 ft 9 in.

A. 2 yd 1 ft 5 in. B. 2 yd 17 in. C. 7 ft 5 in. D. 6 ft 17 in.

Mathematics

Solve the problem.Given that the parametric equations of flight on the moon are  and  determine the approximate distance that a baseball travels if it is thrown on the moon with a velocity of 55 feet per second at an angle of 22° relative to level ground.

A. 395 ft B. 66 ft C. 160 ft D. 978 ft

Mathematics