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Alex17521 [72]
2 years ago
13

Ed Sloan invests $1,600 at the beginning of each year for eight years into an account that pays 10% compounded semiannually. The

value of the annuity due is (use the tables in the handbook):
Mathematics
2 answers:
allochka39001 [22]2 years ago
7 0
FV=PV(r+1)ⁿ
FV=Future value, or your amount of money you're going to have after 8 years.
PV=Present value, or the amount of money you have just invested.
APR=10
FV=1,600(10+1)¹⁶
FV=1,600(11)¹⁶
FV=1,600(176)
FV=$281,600
Zina [86]2 years ago
4 0

Answer:

The answer is: $39,748.80

Step-by-step explanation:

The principle amount is p = $1600  

rate is 10% or 0.10 but as its compounded semiannually it becomes,

\frac{0.10}{2} = 0.05  

n = 8\times 2 =16

Formula is :

p\frac{(1+r)^{n}-1 (1+r)}{r}

Putting values in formula we get

\frac{1600(1+0.05)^{16}-1(1+0.05) }{0.05}

\frac{1600(1.05)^{16}-1(1.05) }{0.05}

\frac{1600*(2.183-1)(1.05)}{0.05} = 39748.80

The value of the annuity due is $39,748.80

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Pani-rosa [81]

By definition we have that the average rate of change of the function is:

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 the average rate of change of the function defined by the table is:

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According to DeMorgan 's theorem, the complement of W · X + Y · Z is W' + X' · Y' + Z'. Yet both functions are 1 for WXYZ = 1110
sergeinik [125]

Answer:

The parenthesis need to be kept intact while applying the DeMorgan's theorem on the original equation to find the compliment because otherwise it will introduce an error in the answer.

Step-by-step explanation:

According to DeMorgan's Theorem:

(W.X + Y.Z)'

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For the original function:

(W . X + Y . Z)'

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(W' + X') . (Y' + Z')

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Without the parenthesis the compliment equation looks like this:

W' + X' . Y' + Z'

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Here, the 'AND' operation will be considered first before the 'OR', resulting in 1 as the final answer.

Therefore, it is important to keep the parenthesis intact while applying DeMorgan's Theorem on the original equation or else it would produce an erroneous result.

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Answer:

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