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:
Your answer is C
Step-by-step explanation:
0.5 = Five tenths
and
0.05 = five hundredths
This is because 0.5 is like 50 cents and 0.05 is like 5 cents
The rest are wrong because A: 0.05 simply can't be bigger than 0.5
B is wrong because they aren't equal to each other
and D is wrong because 0.05 + 0.5 = 0.55
First make x the subject of f(x) = 2x - 10:-
2x = f(x) + 10
x = 1/2 f(x) + 5
mow replace x by hx) and f(x) by x:-
h(x )= 1/2 x + 5
Answer:
option (a) f(x)= 1/x+2
Step-by-step explanation:
(a) f(x) = 1/ x+2
To find the restriction for domain , we set the denominator =0 and solve for x
x+2 =0, so x=-2
When x=-2 then denominator becomes 0 that is undefined.
So, domain is all real numbers except -2
(b) f(x)= 2x
In this function, there is no denominator or square root or log function
so there is no restriction for x, hence domain is all real numbers
(c) f(x) = 2x-2
In this function, there is no denominator or square root or log function
so there is no restriction for x, hence domain is all real numbers
f(x) = 1/ sqrt(x+2)
if we have square root in the denominator then we set the denominator >0 and solve for x. because square root of negative values are undefined
x+2>0, x>-2
Hence domain is all real numbers that are greater than -2