Using the table approach, the future amount of an annuity due may be calculated by finding the table factor for the future amount of an ordinary annuity of
A. ?n+ 1 and then subtract 1.
B. ?n+ 1 and then add 1.
C. ?n-1 and then add 1.
D. ?n-1 and then subtract 1.
Answer: A
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Jacob Sawyer will deposit $3,000 into a special account each year beginning December 31, 2016, with the last deposit being made on December 31, 2019. Jacob wants to know how much will be in his account on December 31, 2019, immediately after the final deposit, if the account earns 10% compounded annually. To solve the problem, Jacob must find the future value of
A. a single sum. B. a deferred annuity. C. an ordinary annuity. D. an annuity due.
Write an equation in slope-intercept form of a line satisfying the set of conditions.Through (0, -6) and parallel to
A. y = - x - 6
B. y = 9x + 6
C. y = -9x - 6
D. y = 9x - 6
Complete the identity.sin2 ? + tan2 ? + cos2 ? = ?
A. sec2 ? B. cos3 ? C. tan2 ? D. sin ?
Establish the identity.csc = sec u
What will be an ideal response?