Princesscxrinne
Princesscxrinne Princesscxrinne
  • 01-05-2018
  • Mathematics
contestada

Find the amount of annuity.

Amount of each deposit:$6200
Deposited: semiannually
Rate per year: 6%
Number of years:5
Type of annuity: ordinary

Respuesta :

philipscaster83
philipscaster83 philipscaster83
  • 01-05-2018
6,200×(((1+0.06÷2)^(2×5)
−1)÷(0.06÷2))
=71,076.05
Answer Link

Otras preguntas

WHAT IS 28/27 SIMPLIFIED
What is a equivalent fraction for 2/4
how can processes in other states, and even other countries, affect landforms in Florida?
which planet do you think would be easiest for humans to colonize some day. explain
What sea surrounds Jamaica?
To write 4 million in scientific notation, will the power of 10 be positive or negative
a track practice, sheila worked on the long jump.her second jump was measured 2 yards, 1 foot,10 inches. how much longer was sheila' s first jump than her secon
WHAT IS 28/27 SIMPLIFIED
How many hundredths are in 45.972
Who were Thomas Clarkson and William Wilburforce? A. leaders of the Industrial Revolution B. members of Parliament who opposed the expansion of the British Empi