Question

give a medal
Please need help

Answer 1

Please look at the two attachments

Answer 2

Let's start with A.

Answer 3

Yes please

Answer 4

What do you have so far?

Answer 5

Have you ever calculated an annuity previously?

Answer 6

yes i did

Answer 7

Do you know how much will be in the account at the end of the year (assuming you've made all payments)?

Answer 8

yes that i can do

Answer 9

"c" is a lot easier than it looks. First, calculate the value of the account at the end of the year and then I'll tell you how to do "c"...

Answer 10

please it and i do it and compair our answers

Answer 11

Yeah, I'm ready when you are...

Answer 12

will the deposit stay for 13 months or 12 months in the bank? that is confusing me

Answer 13

From what you gave me it sounds like they are asking you for 12 months (that's at least what I initially assumed).

Answer 14

And 13 months is such an awkward time period (as opposed to just "1 year").

Answer 15

Also, the subject heading is "annuities and missed payments"--the way a regular annuity is structured is that a final payment is made at the end of the term (in this case it would be the 12th payment).

Answer 16

Also, are you using a formula for the annuity or are you calculating the future value of each payment individually?

Answer 17

Is that the time line?