If you divide 4.2 by 0.02 you should get 210
Answer:
FV= $436.72
Step-by-step explanation:
Giving the following information:
Initial cost (PV)= $500
Decrease rate (d)= 7% per year
Number of periods (n)= 2 years
<u>To calculate the future value after 2 years, we need to use the following formula:</u>
FV= PV / (1 + d)^n
FV= 500 / (1.07^2)
FV= $436.72
Answer:
D would be the answer
Step-by-step explanation:
Took the test got it correct <33 good luck
Answer:
It would be (D 8)
Step-by-step explanation:
