Calculate the rent of a decreasing annuity at 8% interest compounded quarterly with payments made every quarter-year for 7 years and present value $78,000.

Answers

Answer 1
Answer: The general Formula for a decreasing Annuity is:
P = ( ((1+i)^n -1)/(i (1+i)^n)) R
For this example we have:
P = 78,000
n = 7*4 = 28
i = 8%/4 = 2% = 0.02

After substituting you can find value for R, rent.

Related Questions

Find the sum of the first six terms of a geometric progression .​
Translate the word phrase into an algebraic expression: sixteen times the sum of 10p and seventeen
The point 3 2 is reflected in the origin the coordinates of its image are
On a can of sardines it is written that the can contains 10 sardines. You open up 100 cans and find the average is 9.75 sardines with a standard deviation of 1. What is the test statistic in a test of the null hypothesis that the population average is 10? Can you reject the null at the 5% significance level?
We play a card game where we receive 13 cards at the beginning out of the deck of 52. we play 50 games one evening. for each of the the following random variable identify the name and parameters of the distribution: a) The number of aces I get in the first game b) The number of games in which I recieve at least one ace during the evening c) The number of games in which all my cards are from the same suit d) The number of spades I receive in 5th game

Find the value of x and y in each triangle

Answers

The value of variables are,

⇒ x = 13.85

⇒ y = 16

What is mean by Triangle?

A triangle is a three sided polygon, which has three vertices and three angles which has the sum 180 degrees.

We have to given that;

Base of triangle = 8

Now, We get;

⇒ cos 60° = 8 / y

⇒ 1/2 = 8/y

⇒ y = 8 × 2

⇒ y =  16

And, By Pythagoras theorem we get;

⇒ x² + 8² = y²

⇒ x² + 8² = 16²

⇒ x² + 64 = 256

⇒ x² = 256 - 64

⇒ x² = 192

⇒ x = √192

⇒ x = 13.85

Thus, The value of variables are,

⇒ x = 13.85

⇒ y = 16

Learn more about the triangle visit;

brainly.com/question/1058720

#SPJ2

y = 8/cos60 = 16
x = sqr(16^2 + 8^2) = 8sqr(3) = 13.86 approx

Ernesto has a jump rope that is 10.5 feet long. To make the jump rope the jdeal length for his height, Emesto needs to cut off 0.3 of the jump rope. If Ernesto does this, how much rope will he cut off?​

Answers

Answer:wouldnt he cut of 0.3?

Step-by-step explanation:It legit says that in the question and ther will me 10.2 feet left

Answer:

it is c

Step-by-step explanation:

So far this month Raul calculated that he will earn $30 in commission for his $200 in product sales. If Raul would like for his commission to be $132, how much MORE does he need in sales? a. $102

b. $880

c. $588

D. 680

Answers

Answer:

D. 680

Step-by-step explanation:

If a shoe company has $1 million in fixed costs, its average shoe sells for $50 a pair, and variable costs are $30 per unit, how many units does the company need to sell to break even? (Show work)

Answers

Answer:

s

Step-by-step explanation:

bdjdiwo9929191isjjz

Ms Adams shares out 36 pencils between Niamh and jack in the ratio 4:8 How many pencils does each get?

Answers

Answer:

Niamh gets 12 and Jack gets 24.

Step-by-step explanation:

4:8 is equal to 1:2. 1 part + 2 parts is equal to 3 parts, which is equal to the whole. 36 is the whole, so 36/3 is equal to 12. 1 * 12 is equal to 12, and 2 * 12 is equal to 24.

Answer:Adam gets 12 and nidam gets 24..

Step-by-step explanation:feel pleasure to help u..

Which expression best represents the cube

Answers

Step-by-step explanation:

The following is a list of perfect Cubes

13 = 1

23 = 8

33 = 27

43 = 64

53 = 125

63 = 216

73 = 343

83 = 512

93 = 729

103 = 1000

If a variable with an exponent has an exponent which is divisible by 3 then it is a perfect cube. To get the cube root, we simply divide the exponent by 3. For example x9 is a perfect cube, its cube root is x3 . x11 is not a perfect cube.