Simone paid $13 for an initial year's subscription to a magazine. The renewal rate is $8 per year. This situation can be represe
nted by the equation y = 8x + 13, where x represents the number of years the subscription is renewed and y represents the total cost, in dollars. Part 1 out of 4 Complete the table of values for this situation. x (number of years renewed) 0 1 2 3 4 y (total cost in dollars) Next
Principal = 1600 annual interest = 6% / year period = 7 years Future value after 7 years = 1600(1+0.06)^7 =1600(1.06^7) =$2045.81 =$2046 (to the nearest dollar)