5*k
=5k
So therefore, the first option is correct.
Answer:
Step-by-step explanation:
Answer:
Step-by-step explanation:
d
" the product " means multiply
the product of 8 and a number Q is at least 32...
8Q > = 32 (thats greater then or equal to)
Answer:
FV= $3,725.07
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $3,294
Number of periods (n)= 5 years
Interest rate (i)= 2.6% = 0.026
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 3,294*(1.026^5)
FV= $3,725.07