give a medal
Please need help

Question

give a medal
Please need help

anonymous · Answer

attachment

anonymous · Answer

attachment

anonymous · Answer

Please look at the two attachments

anonymous · Answer

Let's start with A.

anonymous · Answer

Yes please

anonymous · Answer

What do you have so far?

anonymous · Answer

Have you ever calculated an annuity previously?

anonymous · Answer

yes i did

anonymous · Answer

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

anonymous · Answer

yes that i can do

anonymous · Answer

"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"...

anonymous · Answer

please it and i do it and compair our answers

anonymous · Answer

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

anonymous · Answer

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

anonymous · Answer

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

anonymous · Answer

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

anonymous · Answer

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).

anonymous · Answer

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

anonymous · Answer

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Is that the time line?