Answer:
Future Value= $112.72
Step-by-step explanation:
Giving the following information:
Initial deposit (PV)= $100
Number of periods (n)= 2*12= 24 months
Interest rate (i)= 0.06/12= 0.005
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 100*(1.005^24)
FV= $112.72
M=f+240
m+f=25000, using m from above in this equation gives you:
f+240+f=25000 combine like terms on left side
2f+240=25000 subtract 240 from both sides
2f=24760 divide both sides by 2
f=12380, and since m=f+240
m=12620
So there are 12620 males and 12380 females in the city.
Answer:
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