Answer:
FV= $11,156.94
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $7,000
Number of periods (n)= 8 years
Interest rate (i)= 6% compounded annually
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 7,000*(1.06^8)
FV= $11,156.94
Answer:
6
Step-by-step explanation:
Answer:
Rate = 6.56%
Step-by-step explanation:
Principal (P) = $5000
Interest (I) = $6312
Time (T) = 4 years
Rate (r) = ?
This question is involves simple interest and with the formula, we can easily plug in the values to find the rate.
S.I = P(1 + rt)
S.I = simple interest
P = principal
R = Rate
T = Time
6312 = 5000(1 + r*4)
6312 = 5000 + 5000*4r
6312 - 5000 = 20000r
1312 = 20000r
r = 1312 / 20000
r = 0.0656
Rate are calculated in percentage hence we'll multiply it by 100
R = 6.56%
7x+2=5(x-2)
7x+2=5x-10
7x-5x=-10-2
2x=-12
x=-6
Regards M.Y.
Answer:

Step-by-step explanation:
The reference angle is the angle that the given angle makes with the x-axis.
For an ordered pair to share the same reference angle, the x and y coordinates must be the same or a factor of each other.
From the given options:

We observe that only the pair in option C has the same x and y coordinate with the second set of points being a negative factor of the first term. Therefore, they have the same reference angle.