Answer:
Ordinary annuity
Step-by-step explanation:
Given : ABC Insurance offers an annuity with 4.5% APR for the next 5 years. You decide to invest $1000 each year into this account.
To find : What type of annuity is this?
Solution :
Annuity is the form of insurance in which some of the money is paid each year to secure for future.
There are two types of annuity:
Ordinary annuity - In this annuity the payment is made at the end of each period over a fixed length of time. Also in this annuity payments are made monthly, quarterly, semi-annually or annually.
Annuity due - is the opposite of ordinary annuity as in this the payment is made at the beginning of each period.
In the given situation the annuity is ordinary annuity because the investment is done each year for 5 years.
First calculate the circumference. Usually this is the diameter times pi, but since we are told to estimate pi, the circumference equals 56 * 22/7 or 176 feet.
In 4 minutes, 4 * 60 = 240 seconds pass. In this time, a 20 second period will occur 240/20 = 12 times.
So we know that the rider rotates 12 times and each rotation takes them 176 feet, meaning that they will travel 12 * 176 = 2112 feet
Answer:
let the grade points be a,b,c
a+b+c=258
b=c+10( since she noticed that on tests two and three,she scored 10 points fewer).
Answer:
x≥−3
Step-by-step explanation:
Let's solve your inequality step-by-step.
2x+3/
−3
≤1
Step 1: Simplify both sides of the inequality.
−2/
3
x−1≤1
Step 2: Add 1 to both sides.
−2/
3
x−1+1≤1+1
−2/
3
x≤2
Step 3: Multiply both sides by 3/(-2).
(
3/
−2
)*(
−2/
3
x)≤(
3/
−2
)*(2)
x≥−3
Answer:
x≥−3
