Answer:
$25 821.69
Step-by-step explanation:
The formula for the future value (FV) of an investment is
FV =PV(1 + r/n)^nt
FV = 20 000(1 + 0.087/2)^(2×3)
FV = 20 000(1 + 0.0435)⁶
FV = 20 000(1.0435)⁶
FV = 20 000 × 1.291 0847
FV = $25 821.69
Answer
DFE and FED
28m⁷n⁵
You would first multiply 14 by 2. You would then multiply (which is really addition when it comes to exponents) your like-term exponents.
(14m²n⁵)(2m⁵) =28m⁷n⁵
14(2) = 28
m² + m⁵=m⁷
n⁵ + 0 = n⁵