Answer:
- 7/9
Step-by-step explanation:
-4/9 + (-1/3)
= -(4/9) - (1/3)
= - (4/9 + 1/3)
= - (4/9 + 3/9)
= - [(4 + 3) / 9 ]
= - 7/9
The value of the year at the end of 2025 will be given by:
A=P(1+r/100)^n
where:
A=future value
P=principle
r=rate
n=number of terms
hence for the data given;
p=35000
R=5.5
n=(2025-2017)*2=16
Thus
A=35000(1+5.5/100)^16
A=$82, 434. 20
