upon receiving your first salary, you deposited 3000 taka monthly in a fund for your future for 18 years. the fund earns 6% interest rate compounded monthly. after 18 years, you want it to make payments at the end of every quarter for five year 4.5% compounded quarterly, what is the amount of each annuity payment to you?

Answers

Answer 1

The Annuity payment will be "65,209.35 Taka". A further solution is provided below.

Given:

Monthly payment,

= 3000 Taka

Interest rate,

= 6% (compounded monthly)

Time,

= 18 years

The Future value will be:

→ [tex]FV = PMT\times \frac{((1+r)^{nt}-1)}{r}[/tex]

By putting the values, we get

         [tex]=3000\times \frac{((1+\frac{6}{12\times 100} )^{12\times 18}-1)}{\frac{6}{12\times 100} }[/tex]

         [tex]=3000\times \frac{((1+\frac{6}{1200} )^{216}-1)}{\frac{6}{1200} }[/tex]

         [tex]=1,162,059.58 \ Taka[/tex]

hence,

The Annuity payment will be:

→ [tex]P=\frac{PV(\frac{r}{n\times 100} )}{1-(1+\frac{4.5}{4\times 100} )^{-4\times 5}}[/tex]

      [tex]=P=\frac{PV(\frac{r}{n\times 100} )}{1-(1+\frac{4.5}{4\times 100} )^{-20}}[/tex]

By substituting all the values, we get

      [tex]=65,209.35 \ Taka[/tex]

Thus the correct answer is "65,209.35 Taka".

Learn more the Annuity payment here:

https://brainly.com/question/8462185


Related Questions

Algebra 1 need help ASAP

Answers

Answer:

Step 1: 12-2a=3a-18

Step 2: 12-5a=-18

Step 3: -5a=-30

Step 4: a=6

I hope this helps!

pls ❤ and give brainliest pls

she bought 9 gallons of milk and no toilet tissue

What kind of shape will you see if you cut a cross section parallel to the base of a cylinder

Answers

Answer:

Hexagons, Cross sections parallel to the base will be hexagons. It is also possible to take cross sections using planes that are neither parallel not perpendicular to the base

Answer:

The cross-section parallel to the base is a hexagon congruent to the hexagonal bases. The cross-section perpendicular to the base is a rectangle. The cross-section parallel to the base is a pentagon similar to the pentagonal base. The solid is a cylinder.

& A wall is 20 m long and 5 m high. Find the area of the wall. How many 2 m long 2 m broad flex be fitted on the wall? Suppo tanks the se be and Cuboid​

Answers

Area of wall = l×b

Length = 5m

Breadth = 20m

Area = 5×20

=100m²

Area of flex = side×side

= 2×2

= 4m²

Now no of flex that can be fitted = 100/4

= 25 flex

Must click thanks and mark brainliest

you buy a refrigerator for $711. The sales tax rate is 4%. Estimate the sales tax


a) $280

b) $28

c) $29

d) $290

Answers

Answer:

B. $28

Step-by-step explanation:

Find the sales tax by finding 4% of 711:

711(0.04)

= 28.44

This is closest to 28.

So, the correct answer is B. $28

A motorist drove from town P to town Q, a distance of 80 km, in 30 minutes . What is his average speed?​

Answers

Answer:

40km per hour

Step-by-step explanation:

30 minutes × 2 = 60 minutes/1 hour

80 kilometers ÷ 2 = 40 kilometers

40:60

Lisa took a survey of her classmates' favorite sport and recorded their genders. The results are in the table below:

Answers

Answer:

0.5 is the answer of this question

bro!

Amelia drives 10 miles in 20 minutes. If she drove three hours in total at the same rate, how far did she go?

Answers

Answer:

she went 90 miles in 3 hours

Step-by-step explanation:

in 20 minutes, she went 10 miles.

so in 1 hour, we multiply both 10 and 20 by 3

in 1 hour, Amelia drives 30 miles

we multiply this by 3,

and we get 90 miles in 3 hours :)

Find the missing value.
Hint: Use the number line to find the missing value.
-5 = -8-
H
-15
-10
-5
0
5
10
15
Stuck? Review related articles/videos or use a hint.


Answers

Answer:

-3

Step-by-step explanation:

-8 - x =-5

I hope this helped! :)

Find the missing letter.

Answers

Answer:

The missing letter is ( J )

Mathhhhhhhhhhhhhhhhhhhhhhhh Algebraaaaaaaa

Answers

Answer:

m=5/3

Step-by-step explanation:

Answer:

5/3 or 1 2/3

Step-by-step explanation:

First you subtract 4/3 from the left side. 23/6-4/3= 2 1/2

Then you multiply 2 on both sides, this simplifies the left side to be 3m and the right side 5.

Lastly, you divide by 3 to isolate the variable m.

And you get 5/3, which also equals 1 2/3

the question is "13, 17, 21, 23, 29 one of the numbers is different from the rest, which one and why?"
step by step explanation

Answers

Answer:

21

Step-by-step explanation:

it is not a prime number, according to prime number only the number and 1 can it be divided but here 21 can be divided by 1,3,7 and 21 itself. Therefore others are prime number except 21

17. PLEASE HELP ME
The area of a playground is 160 yd2. The width of the playground is 6 yd longer than its length. Find the length and width of the playground.

A. length = 16 yd, width = 22 yd

B. length = 16 yd, width = 10 yd

C. length = 22 yd, width = 16 yd

D. length = 10 yd, width = 16 yd

Answers

Answer:

b

Step-by-step explanation:

16x10=160

Your width should be 6yd longer so look at the options and see in which options the width is 6 yd longer. It is longer in option A and D, so this eliminates option B and C. Now that we know it’s not b or c, the width times the length should be 160. For option A the area is 352 not 160, so it’s not option A meaning it has to be option D. Just to check 10 x 16 is 160. So yes option d is your final answer. OPTION D. Hope this helps! Would really appreciate it I’ve given brainliest.

30 cm . A rectangular baking tray has dimensions as shown. 18 cm 30 cm a) Calculate the area of the tray on which balls of biscuit dough can be placed. b) The baked biscuits are circular. Each has a radius of 3 cm.
i) Determine the area covered by one biscuit.
ii) The dough balls are placed in straight rows and columns on the baking tray. What is the maximum number of biscuits that can be baked in the pan at a time?​

Answers

1 - 580squaredcm

2 - 540

Anybody good in math?

Answers

Answer:

im good

Step-by-step explanation:

The easiest and most time-effective way to approach this problem is to use the quadratic formula:

[tex]x=\frac{-b\pm\sqrt{ b^2-4ac}}{2a}[/tex],

where a = 2, b = -1, and c = 4. (We get this from the general quadratic: ax² + bx + c.)

When we plug in our numbers, we get [tex]x=\frac{1\pm\sqrt{1-32}}{4}[/tex] which also equals [tex]\frac{1\pm i\sqrt{31}}{4}[/tex], or the first choice!

:)

Which of the following choices is the correct translation of the statement: "the length of a rectangle if the length is twice the size of the width increased by one"?
Оооо
1 = 2w - 1
I = 2w + 1
1 = 3w
None of these choices are correct.

Answers

Actually I think the answer is 1 = 3w

The length of a rectangle if the length is I = 2w + 1.

What is a rectangle?

A Rectangle is a 4 sided-polygon, having all the inner angles identical to 90 ranges. the 2 aspects at each corner or vertex, meet at right angles. the alternative sides of the rectangle are identical in length which makes it specific from a square.

The area of the rectangle is = length * breath

The perimeter of the rectangle = 2(L*B)

Learn more about rectangles here:-https://brainly.com/question/25292087

#SPJ2

I'LL GIVE BRAINLIEST !!! FASTER

please answer that 2 QUESTIONS please provide the explaination thankyouu​

Answers

Answer:

9 (a)

x=50

y=75

(b)

(i)

y=105

(ii)

y=145

Step-by-step explanation:

The explanation is in the picture!

someone please help me with this question​

Answers

Answer:

Step-by-step explanation:

The diagram is given to you below. I could not change <C so that it was theta. So C = theta.

So C is the reference angle. Call it theta when you think of it. The diagram shows you how cos(C) must be set up.

The adjacent side is 7

The hypotenuse is 18

theta = C = cos-1(7/18) = 67.11

To the nearest degree 67.11 = 67

Apply the dristrbutie property to factor out the greatest common factor of 9a-18b+21c

Answers

Answer:

3 (3a-6b+7c)

Step-by-step explanation:

Answer:

Step-by-step explanation:

The highest common factor is 3.

9/3 = 3

18/3 =6

21/3 = 7

The literals have no common factors that we know of.

Answer: 3(3a - 6b + 7c)

please
[tex] \sin(120) \\ \tan( \frac{3\pi}{4} ) [/tex]
help me I need help​

Answers

Answer:

[tex] \sin(120) \\ = \sin(90 + 30) \\ = \cos(30) \\ = \frac{ \sqrt{3} }{2} \\ \\ \tan( \frac{3\pi}{4} ) \\ = \tan(135) \\ = \tan(90 + 45) \\ = - \cot(45) \\ = - 1[/tex]

[tex]\\ \rm\longmapsto sin120[/tex]

[tex]\\ \rm\longmapsto sin(90+30)[/tex]

[tex]\\ \rm\longmapsto cos30[/tex]

[tex]\\ \rm\longmapsto \dfrac{\sqrt{3}}{2}[/tex]

Now

[tex]\\ \rm\longmapsto tan\left(\dfrac{2\pi}{4}\right)[/tex]

[tex]\\ \rm\longmapsto tan135[/tex]

[tex]\\ \rm\longmapsto -1[/tex]

What is the quotient' mean?

Answers

The number obtained by dividing one number by another.
EX: Dividing 10 by 5 gives a quotient of 2.

Answer:

When you divide, the answer is the quotient.

Step-by-step explanation:

For example:

6/3 = 2

The quotient is 2

please help me with math

Answers

Answer:

Step-by-step explanation:

a) 4/9*x^4

b) 2/y

16. PLEASE HELP ME
Solve the equation by factoring.

z2 - 6z - 27 = 0

A. z = 3 or z = 9

B. z = –3 or z = 9

C. z = –3 or z = –9

D. z = 3 or z = –9

Answers

Answer:

B

Step-by-step explanation:

z^2 - 6z - 27 = 0

(z - 9)(z+3) = 0

z - 9 = 0 z + 3 = 0

z = -3, 9

The third one is a solution

PLS HELP WILL MAKE FIRST RIGHT ANSWER GETS BRAINLIEST ​

Answers

Answer:
26. A
27. A

Explanation:

help me me Tim x,y,z

Answers

Have a good day and I'll hope you get to good score for this homework

I need help ASAP!! Please explain how to solve the problem

Answers

Answer:

B=.5*8*6=.5*48=24

h = 8

P=10+6+8=24

Surface area =2*24+24*8=48+192=240

Step-by-step explanation:

The base is a triangle, and the area of a triangle is 1/2 base (or width) times height (or length). In this case, base is 8 and height is 6, so the area can be found either by multiplying .5*8*6 or by dividing 8*6 by 2, either of which will give you the same answer of B=24.

Height is given, h=8.

Perimeter is simply the sum of the sides, which are given, so the perimeter is 8+6+10=24.

The formula for surface area is given, so all you need to do is plug in your previous answers and you've got it!

The teacher and her students are playing a game. The students take turn to say from 1 to 100 (1 student says 1 number in each turn). However, in the turn that students need to say the number which has the digit 7, they need to say "Buzz" instead. For example, if Hoa has number 17 in her turn, Hoa will say "Buzz" instead of "seventeen". How many times will the students say "Buzz" in total?

Answers

Answer:

19

Step-by-step explanation:

If the number has atleast 1 digit that is 7, they say "Buzz."

7

17

27

37

47

57

67

70

71

72

73

74

75

76

77

78

79

87

97

I counted 19.

I hope this helps!

pls ❤ and give brainliest pls

How would I do this??

Answers

Part 1

[tex]\left(\frac{g}{h}\right)(x) = \frac{g(x)}{h(x)}\\\\\left(\frac{g}{h}\right)(x) = \frac{3x-5}{-2x^2+7}\\\\\left(\frac{g}{h}\right)(3) = \frac{3(3)-5}{-2(3)^2+7}\\\\\left(\frac{g}{h}\right)(3) = \frac{4}{-11}\\\\\left(\frac{g}{h}\right)(3) = -\frac{4}{11}\\\\[/tex]

Answer:  -4/11

====================================================

Part 2

Set the denominator function equal to zero and solve for x to find which values to kick out of the domain.

[tex]h(x) = 0\\\\-2x^2+7 = 0\\\\7 = 2x^2\\\\2x^2 = 7\\\\x^2 = 7/2\\\\x^2 = 3.5\\\\x = \sqrt{3.5} \ \text{ or } x = -\sqrt{3.5}\\\\[/tex]

This shows that if x is equal to either of those values, then the denominator h(x) will be zero. These are the values to kick out of the domain to prevent a division by zero error. Any other value of x is valid in the domain.

Answer: [tex]x = \sqrt{3.5} \text{ and } x = -\sqrt{3.5}\\\\[/tex]

Solve one-step equations

Answers

Where are the equations?

Determine the value of x.​

Answers

Answer:

x = 4.59

Step-by-step explanation:

Since this is a right triangle, we can use trig functions

tan theta = opp / adj

tan 74 = 16/ x

x tan 74 = 16

x = 16/ tan 74

x=4.58792

[tex]\huge\text{Hey there!}[/tex]

[tex]\boxed{\boxed{\huge\text{Formula: \boxed{\text{tan } \theta = \mathsf{\dfrac{Opposite}{Adjacent}}}}}}[/tex]

[tex]\boxed{\huge\text{\boxed{\mathsf{\bold{tan\ 74} = \dfrac{16}{x}}}}}[/tex]

[tex]\boxed{\boxed{\huge\textsf{x tan 74 equals \bf 16}}}[/tex]

[tex]\boxed{\huge\text{x = }\boxed{\mathsf{\dfrac{16}{tan \ 74}}}}[/tex]

[tex]\boxed{\boxed{\huge\text{x = \bf x=4.58792}}}\boxed{\boxed{\huge\text{\bf (ORIGINALLY)}}}[/tex]

[tex]\boxed{\boxed{\huge\text{x = \boxed{\bf 4.58792\ or \ 4.58 \ is \approx \underline{\underline{4.59}}}}}}\huge\checkmark[/tex]

[tex]\boxed{\boxed{\huge\text{Therefore, your answer is: \boxed{\textsf{Option C. \bf 4.59}}}}}\huge\checkmark[/tex]

[tex]\huge\text{\huge\text{Good luck on your assignment \& enjoy your day!}}[/tex]

~[tex]\boxed{\huge\text{\boxed{\frak{Amphitrite1040:)}}}}[/tex]

Consider the following linear system.
-3x+7y=-16
-9x+5y=16
The y-value of the solution is:
a. -16/13
b. 4
c. 51/16
d. -4

Answers

Answer:

D) y=-4

Step-by-step explanation:

we can multiply the first equation by -3 to cancel out the x's

and then add the first equation and the second equation

9x-21y=48

-9x+5y=16

0x-16y=64

y=-64/16=-4

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