Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $7,000
Interest rate (i)= 2.5%
<u>To calculate the future value after x years, we need to use the following formula:</u>
FV= PV*(1 + i)^x
<u>Now, for 9 years:</u>
x= 9
FV= 7,000*(1.025^9)
FV=$8,742.04
Answer: C
Step-by-step explanation:
You would need to divide the 5z and 3 by 4. Putting 5z and 3 as the numerator in a fraction with 4 as the denominator is the same because you’re dividing both values by 4. I think I may have explained it badly, so if someone has a better explanation, can you add that in the comments or in an answer?
Answer:
60
Step-by-step explanation:
Answer:
Hope this helps
Step-by-step explanation: