Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
I believe it would be 2 units to the right
and 4 units down
Answer:
f(x) = x - 3
Step-by-step explanation:
y = mx + b
first let's find b, the y-intercept
based on the graph, the y-intercept is (0,-3), so b = -3
immediately, we can eliminate f(x) = 3 - x and f(x) = -3x
comment any questions pls
Do you want it to multiply. O que ?