I'd say an outlier. P is separated noticably from the other points and would not considerably affect the slope of the line
The formula is
A=p (1+r)^t
A future value?
P present value 160000
R interest rate 0.16
T time 3years
A=160,000×(1+0.16)^(3)
A=249,743.36
Use that future value to find the present value at a rate 8% compounded annually
To find p (present value) solve the formula for p
P=A÷ (1+r)^t
Where r is 0.08
P=249,743.36÷(1+0.08)^(3)
p=198,254.33
Total = Principal * (1+(rate/n))^n*years
Total = 1,200 * (1.015)^14
Total =
1,200 * <span><span><span>1.2317557307
</span>
</span>
</span>
<span>Total =
1,478.11</span>
Source:
http://www.1728.org/compint3.htm
Answer:
I hope it will help you..
