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Author Question: What is the present value of an ordinary annuity of 600 per quarter for five years 7 interest ... (Read 117 times)

SO00

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on: Jun 24, 2018
What is the present value of an ordinary annuity of 600 per quarter for five years 7 interest compounded annually?  The answer is 7,282.27.
  Indicate whether the statement is true or false

Question 2

Translate into an equation: A number increased by 19 equals 77 (let the number be represented by k).
 A) k  77 = 19
  B) k  19 = 77
  C) k + 19 = 77
  D) k  19 = 77


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annierak

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Reply #1 on: Jun 24, 2018
Answer to Question 1

TRUE

Answer to Question 2

C


SO00

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

emsimon14

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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