find the present value of a 2-year deferred annuity at 5% interest compounded quarterly with payments of 1,200 made every quarter for 4 hours

idk

step-by-step explanation:

do it yourself, cause that made me do it myself today, in english!

x =±sqrt(1/3)

step-by-step explanation:

x+4/6x=1/x

multiply each side by 6x to get rid of the fractions

6x*(x+4/6x)=1/x*6x

distribute

6x^2 +4 = 6

subtract 4 from each side

6x^2 +4-4 = 6-4

6x^2 =2

divide by 6

6x^2/6 = 2/6

x^2 = 1/3

take the square root of each side

sqrt(x^2) = ±sqrt(1/3)

x =±sqrt(1/3)

the answer is y = 11.54

hope this : )