Provide an Appropriate Response $f ( x ) = 200 \frac { ( 1 + 0.06 / 4 ) ^ { x } - 1 } { 0.06 / 4 }$

question 263

Short Answer

Provide an appropriate response.
-The function $f ( x ) = 200 \frac { ( 1 + 0.06 / 4 ) ^ { x } - 1 } { 0.06 / 4 }$ describes the future value of a certain annuity. How many payments per year are there?

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Definitions:

Proportion

A part, share, or number considered in comparative relation to a whole.

Ratio

A quantitative relationship between two numbers showing how many times one value contains or is contained within the other.

Fluid Ounce

A unit of volume used primarily in the United States to measure liquids, equivalent to approximately 29.57 milliliters.

Fl Oz

Fl Oz stands for fluid ounce, a unit of volume used to measure liquids, particularly in the United States.