Answer:
Step-by-step explanation:
Answer:
see below
Step-by-step explanation:
3^-7 x 3^7 = 1
The negative exponents put it in the denominator
1/ 3*3*3*3*3*3*3 * (3*3*3*3*3*3*3) = 1
The 3's cancel leaving
1/1 = 1
1=1
Answer:
The investment at the end of the period will be $584.89.
Step-by-step explanation:
FV = PV e⁽ⁿˣ⁾
FV = Future Value = ?
PV = Present Value = $396
n = Interest Rate = 13%
x = time in years = 3
e = mathematical constant = 2.7183
FV = 396 x 2.7183⁽⁰°¹³ ˣ ³⁾
FV = 396 x 1.4770
FV = $584.89
