subject
Mathematics, 08.06.2021 02:40 lilinicholeb

Christine wants to make regular annual payments of size P kina into an annuity that pays interest of an annual rate of 0.25 or 25%. He wants to have 1.5 times the invested amount
in the account after 5 years.

A) Determine the size, P of the required annual payment.

B) Create a table and do a step by step calculation to verify your answer in part A. ​

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Use addition and subtraction to simplify the following polynomials. a. add polynomials: (3 – 4x + 8x^2) + (–6 + 2x – 5x^2) step 1: rewrite the polynomials without the parentheses. step 2: write the polynomial in descending order and use parentheses around like terms. step 3: add the like terms identified in step 2 to simplify the polynomial. b. subtract polynomials: (3x – 5 – 7x^2) – (–2 + 6x^2 – 5x) step 1: rewrite the polynomials without the parentheses. remember to multiply each term in the second parentheses by –1. show your work. step 2: write the polynomial in descending order and use parentheses around like terms. step 3: add the like terms identified in step 2 to simplify the polynomial.
Answers: 3
question
Mathematics, 21.06.2019 17:00
Sole with work in 10 years, the average number of hours of tv watched per week by teenagers dropped from 23.9 to 21.4. find the percent of change.
Answers: 1
question
Mathematics, 21.06.2019 18:00
Write the equation for the parabola that has xβˆ’ intercepts (βˆ’2,0) and (4,0) and yβˆ’ intercept (0,4).
Answers: 1
question
Mathematics, 21.06.2019 19:00
What are the solutions of the equation? z^2 + 11z + 24 = 0 a. 8, -3 b. 8, 3 c. -8, -3 d. -8, 3
Answers: 2
You know the right answer?
Christine wants to make regular annual payments of size P kina into an annuity that pays interest o...
Questions
Questions on the website: 13722360