subject
Mathematics, 31.08.2019 02:20 ash3246

aaron has an annuity that pays him $9200 at the beginning of each year. assume the economy will grow at a rate of 3.2% annually. what is the value of the annuity if he received it now instead of over a period of 10 years?
a. $80,168
b. $77,682.0
c. $106,444.30
d. $109,850.52
explain and show the formula i want to know what i'm actually doing

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 13:00
Myron put $5000 in a 2-year cd playing 3% interest, compounded monthly. after 2 years, he withrew all his money. what was the amount of the withdrawal?
Answers: 1
question
Mathematics, 21.06.2019 15:00
Which statement best describes the polynomial
Answers: 1
question
Mathematics, 21.06.2019 19:30
Acar started driving from city a to city b, distance between which is 620 miles, at a rate of 60 mph. two hours later a truck left city b and started moving towards city a at a rate of 40 mph. how many hours after the truck's departure will the two meet?
Answers: 1
question
Mathematics, 21.06.2019 20:00
What is the radical expression that is equivalent to the expression 27 1 over 5?
Answers: 3
You know the right answer?
aaron has an annuity that pays him $9200 at the beginning of each year. assume the economy will grow...
Questions
question
Mathematics, 06.07.2021 17:40
question
English, 06.07.2021 17:40
question
Mathematics, 06.07.2021 17:40
Questions on the website: 13722367