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anonymous
 one year ago
$100 is deposited at the end of every week for five years in an account that pays 14%/a, compounded weekly. (8)
What type of annuity is this?
Find the future value of the annuity using the formula.
Find the future value of the annuity using a spreadsheet. In your answer include the formulas that you typed.
Find the furture value of the annuity using the TVM solver on a graphing calculator or on a website. In your answer, include what values you typed for each parameter.
anonymous
 one year ago
$100 is deposited at the end of every week for five years in an account that pays 14%/a, compounded weekly. (8) What type of annuity is this? Find the future value of the annuity using the formula. Find the future value of the annuity using a spreadsheet. In your answer include the formulas that you typed. Find the furture value of the annuity using the TVM solver on a graphing calculator or on a website. In your answer, include what values you typed for each parameter.

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anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I only require the second question which is finding the value of annuity using the "formula " which I don't know. Thanks all for your time

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Hi, How are ya just a quick reminder, we cant give direct answers but we do help and we will get the answer together. Its in the http://openstudy.com/codeofconduct that we cant give direct. But if your willing to we can work on this together

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I really appreciate this:)

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yup and heres somthing that will really help u

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0The standard formula A=P(1+r/n)^nt doesn't seem to work...

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1You know what the formula is right? I can put some exaples on here

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0The issue is that the person is depositing $100 weekly and hence interest would be incremental... but I can't yet figure out the formula which also accounts for the gradual increase of deposit..

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0For example if I knew that the principal amount, P was a defined value, then this will be a different story, but the question says a deposit of $10 is made weekly and this creates a problem.

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Oh ok yea i get it let me think about this one ik what it is im trying to solve your question too

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Ok so $100 is deposited at the end of every week for five years in an account that pays 14%/a, compounded weekly. (8)

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Now look at the thing i put

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0It's a formula that works for the questino

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Now a matter of subbing in the values

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0the per period and number of periods=since 7 days in a week for five years, I calculate how many weeks are in a year and then...

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1now ur teaching me xD

anonymous
 one year ago
Best ResponseYou've already chosen the best response.051.14*5=255.7 weeks total in five years

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Ok perfect now which one does that cover do you know ( ik im just askin) does it go with P, R or N

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0P=periodic payment=equivalent to $100 deposit weekly

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Awesome now we match the R and the N

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1the rate and the number of peiods

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Now what do you think the rate is? is it 14%?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0rate per period=annual rate is 14% therefore I shall divide that by the number of weeks present in a year?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Actually it's in a year I think

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yea its a year

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Now we solve the N number of peiods and it is?

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1im going to draw this all out btw when we have connected the dots

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0by the way the value for N is the number of periods so 52.14 woudl be 52? Do I round it off or...

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Then I have the formula filled with 100((1+0.003)^521)/52

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Then I guess I multiply that by 5 to get the final answer?

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1U GOT IT!!!!!!!!!!!!!!!!!!!!!!!

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Can u calculate that or u want me to lol

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Good job Robert

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0ok then so I multiply that by 5 to get the final answer it looks

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Therefore total compounded interest of $545 is produced?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0apart from the deposit profit of $545 is made for the investor.

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yes sure and i want that money in 1 dollor bills

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Sounds about right:)

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0In the states you can actually fake transaction by a dollar bill

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Lol good job. Thats what openstudy is about helping other instead of direct that way they can do it again but they will know how

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0How did you get here?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I mean never seen a website like this where people help out for philanthropic reasons

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1So what subject was? banking or wat

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1I joined this place a long time ago like 5 years to be exact

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0discrete function unit of the Grade 11 mathematics up in Ontario Canada

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1i would have a higher smart score(the 71) but i got banned for a long time for posting school account

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1and not bad subject

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0you in university or?

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1In walden univerty

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Down in florida

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0majoring physics or math?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I am gonna major in physics too

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0and become the GOD lol

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yea that way we can dominate any math problem

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0like this one t=t/sqr((1(c^2/v^2))

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0can't believe people live without understanding science

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0dumb parents and teachers teaching kids what to do without knowing anything about how life works, and some of us thinking about stupid things or gettting into bad habit with no science. Like psychology is pseudoscience

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0yeah sometimes I feel not so justified in any of my decisions including being here without knowing the mathematical train of actions that would most work for the task to be completed. Who knows, if one can quantify a phenomenon then he should be able to quantify thoughts and mental peculiarities people come across... merely an imbalance/ misapplication of numbers and time itself....

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Ever thought about training to be a speaker lol cuz those words are great and they would go good in like an election

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0The only concern is my English teacher dismissed those words by saying "incomprehensible" and "superconvoluting"

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Shame to overly standardized nature of modern education downsizing the use of English language....eh?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0I also had this physics teacher who couldn't solve the pulley problem.

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1The one we just did?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0It's the one where you use gravitational force counteracting the tension force, on one side, and former supporting the tension force on the other side, and where also the force of friction, static and kinetic energy all play into figuring out the newtons force present on one particular spot on the system.

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1That sounds awesome and a little tricky

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Assuming that the objects are cancelling each other out

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Hey quick thing do you see a blue button to the right it says best response?

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Click that if you think i helped enough on this question. its on every question you do to reward the person who helped you.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Thanks so much for your time man. Now let us be the harbingers of physics for the future:)

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0President be a physicist

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1That sounds like a great idea lol

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1and one of us as the president and one of us as a vice president

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Lol that'd be incredible. Yeah indeed physics if you think about it is the fundamental for everything eh? PhD physicist should qualify for every other degree

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Immortality by the law of conservation of energy is really possible though eh?

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yea tru. Now i dont know what time it is at your place but its 4 o'clock here and im going to get some shut eye. And i imagine scientist are working still on immortality and time travel lol

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Yeah you bet. Same here in Canada I better sleep in tomorrow man. Thanks for your time and if I make up a mathematical theory I shall consult you:)

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Awesome man ^_^ and if i ever make nano gravity bots ill give you some. Because that's what we have been discussing in class lately was making gravity in a bot

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0universal law of the gravitational force

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yupp and not really making gravity just air but quiet and can float. because in the future i want to make hover cars

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1using a pull kind of force like a magnet put negitive and ostive the connect = par but when you rive you use negitive and negitive you get pulled away and some how but still keep it near the ground and control it

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0postulates that every object with a mass has a gravitational pull around it.. just that most are miniscule enough not to affect the dimension we live in aside from the earth's gravitational pull. Well anyway we should go to sleep now hehe

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Lol yea later robert

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0magnets with the same pole repel so if you can somehow induce magnetic means of repulsion whose force exceeds or equals the force of gravity acting on the object of given mass

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0you would need an extremely strong magnet to do that though

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yea thats what ive been thinking of

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Oh induced magnet instead of high way

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Bbut magnets are man made things

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1so we just have to find some one or make our own

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Hence the installation of magnets on public high ways would virtually permit the cars to fly for a limited mobility

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1I just have a lot of ideas on futur inventions

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Anyways tho later and night Robery

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0if induced magnets then electricity will be the primary source instead of the fuel

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yea and it would be 100% eco friendly

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0brake would be induced magnetic field. ...and cars be equipped with standardized pole which then avoids accidents to certain velocity

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1And it would defintly cut down the accidents and deaths of them and what if we make the cars magnet and if they get near they will get pushed thats why we would creat a one lane thing you know what im saying?

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Doesn't have to be applied from the driver. Sensors can disable a car by compromising the vehicle should the law enforcement summon that utility.

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0No more car chasing though. LEss interesting traffic life for thugs

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Tru what if we created an off switch

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Well anyway I think we should talk another time cuz it's getting late here .Human needs sleep until we figure out the physics behind our brain's mechanism... which to our sorrow we have not;...

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yea lol later bro

anonymous
 one year ago
Best ResponseYou've already chosen the best response.0Yeah man see you in physics meeting a couple of years from now on seriously:)

geekfromthefutur
 one year ago
Best ResponseYou've already chosen the best response.1Yea it would be fun.
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