Question Suppose Juan invests in an annuity that pays 6% annual interest. He contributes $4,000 annually for 5 years. What is the
value of the annuity after 5 years?
Round your answer to the nearest hundred dollars.
w
DO NOT round until you have calculated the final answer.

it has the same slope and a different y-intercept

hope this : )

the answer is:

the answer is:

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

then, calculating we have:

hence, the answer is:

have a nice day!