Amount of payment $12000.00 payment payable semiannually 8years interest 7% value of annuity

$992.227

Step-by-step explanation:

We have given amount of payment =$12000

Total time =8 years, as payment is payable semiannually so total period = 8×2=16 period

Rate of interest =7% annually so 3.5% semiannually

Present value annuity factor for 16 period at rate of 3.5%

So annuity  

answer: 1,380

step-by-step explanation:

1: you turn %15 into a decimal by moving the decimal point two places to the left.

2: and then you multiply .15 by 1,200 , which will get you 180.00

3: from there you will add 180 to 1,200

4: which will get you 1,380

hope it *im kind of slow so idk if my answer is right*

1 1/5

step-by-step explanation: