Answer:
the answer is True
Step-by-step explanation:
Answer:
The answer is 4
Step-by-step explanation:
because add 4 then divided by 4
20 / 2 1/3 = About 8.5
8 complete batches.
Hope I helped!
Best of luck! :)
Answer:
D
Step-by-step explanation:
The slope is 1/2, which will be a constant, making it a linear function.
Answer:
FV= $3,716.32
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $3,500
Interest rate (i)= 1.2% compounded monthly
<u>First, we need to determine the monthly nominal interest rate:</u>
Monthly interest rate= 0.012/12= 0.001
<u>Now, to calculate the future value after 't' months, we need to use the following formula:</u>
FV= PV*(1 + i)^t
<u>For example, for 60 months:</u>
FV= 3,500*(1.001^60)
FV= $3,716.32