Based on the information, Christian would have $5525.5 of an annuity.
<h3>How to calculate the annuity?</h3>
According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12
Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54
Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133
n = number of payments = 8 x 12 = 96
We can use the formula for finding the future value as below
FV = C x [ ( 1 + r )n-1 ] / ( r )
FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)
= 54 x [ (1.13609 - 1)] / (0.00133)
= 54 x 0.13609 / (0.00133)
= 54 x 102.3233
= 5525.5
Therefore Christian would have $5525.5 of the annuity.
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Answer:
(6, -2)
Step-by-step explanation:
To get to x=1 from x=-2, you must add 3 to the x-coordinate. Only one answer choice has an x-coordinate that is 3 more than that of the given point:
3 + 3 = 6
The image point is (6, -2).
_____
<em>Check</em>
To get from a y-coordinate of 5 to an image point y-coordinate of 1, you must subtract 4. If you subtract 4 from the y-coordinate of (3, 2), you get 2-4 = -2, the y-coordinate in the chosen answer above.
The answer would be A if i am correct can i get most brainliest
Answer:
(1,1) x=1 y=1
Step-by-step explanation:
Answer:D
Step-by-step explanation: