Find the amount of an ordinary annuity for 6 years of quarterly payments of $1,800 that earn interest at 4% per year compounded quarterly.
a. $11,073.63
b. $70,348.69
c. $48,552.24
d. $2,285.52
c. $48,552.24
Mathematics
You might also like to view...
Evaluate the algebraic expression for the given values of the variables.4y2 - w3 for w = -4 and y = 2
A. 48 B. 80 C. -48 D. 56
Mathematics
Solve the problem.Use the formula s = r? to determine the value of r in the figure. Round to two decimal places.
A. 0.06 ft B. 0.28 ft C. 4.54 ft D. 3.53 ft
Mathematics
A formula is given, along with values for all but one of the variables in the formula. Find the value of the variable that is not given.V = 
Bh for B = 24, h = 6
A. V = 48 B. V = 54 C. V = 288 D. V = 8
Mathematics
Write the equation in slope-intercept form.7x - 3y = 7
A. y = 
x - 
B. y = 
x + 
C. y = 
x + 
D. y = 7x - 7
Mathematics