The mathematics department has just received a $200000 donation. The department wants to invest in an annuity so that they can gove a prize every month to its most improved math student for next 15 years. The bank is offering 4.5% compounded monthly. What would be the size of the department’s monthly prize offered? Plz help me with this question ASAP

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rectangle: 9 1/8 x 4 1/9 = 37 37/72in

parallelogram: b times h= 10.3 x 6.2 = 63.86

trapezoid: a+b/2 times h= 42.5

volume of prism: l times w times h= 36

the answer is 2/54

step-by-step explanation:

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.

24,18t

step-by-step explanation: