Answer:
FV= $12,450
Step-by-step explanation:
Giving the following information:
David invests $10,000 in a savings account that pays 3.5% simple interest.
<u>To calculate the future value, we need to use the following formula.</u>
FV= PV*(1+i*n)
n= 7
i= 0.035
PV= 10,000
FV= 10,000*(1+0.035*7)
FV= $12,450
70000000 the reason that this is the answer to this is because if multiply 10 by 7 you will have 70 and just add 6 zeros
Since both sides have a -2 in then you can pull it out making the equation -2(3*4) which equals -2(12) so A is correct
Answer:
$1002
Step-by-step explanation:
The answer could not be submitted;
So, I added it as an attachment