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Mathematics Clinic => Grade 11 and 12 Mathematics => Topic started by: tfester on Feb 2, 2020

Title: Find the value of the annuity and the interest. Round to the nearest dollar. A = A = P = Periodic ...
Post by: tfester on Feb 2, 2020

Question 1

Find the value of the annuity and the interest. Round to the nearest dollar.

A = A = P =


Periodic Deposit: $7500 at the end of every six months
Rate: 5% compounded semianually
Time: 3 years
◦ $347,908; $302,908
◦ $165,375; $120,375
◦ $39,422; $5578
◦ $47,908; $2908

Question 2

Find the value of the annuity and the interest. Round to the nearest dollar.

A = A = P =


Periodic Deposit: $900 at the end of every six months
Rate: 6.5% compounded semiannually
Time: 8 years
◦ $17,049; $2649
◦ $18,503; $4103
◦ $46,196; $31,796
◦ $21,517; $7117

Title: Find the value of the annuity and the interest. Round to the nearest dollar. A = A = P = Periodic ...
Post by: allisonblackmore on Feb 2, 2020

Answer 1

$47,908; $2908

Answer 2

$18,503; $4103

Title: Re: Find the value of the annuity and the interest. Round to the nearest dollar. A = A = P = Periodi
Post by: Scotty Maney on Apr 6, 2020

Thank You.

Title: Re: Find the value of the annuity and the interest. Round to the nearest dollar. A = A = P = Periodi
Post by: Elijah Muniz on Feb 24, 2021

thank you.

Title: Re: Find the value of the annuity and the interest. Round to the nearest dollar. A = A = P = Periodi
Post by: Annye Turcios on Apr 19, 2021

thank you