Answer:
the slope is 0
Step-by-step explanation:
m=0
144
The sequence is:
0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, 6765, 10946
so you can see the first term larger than 120 is the 144.
FV= $12,450
Giving the following information:
David invests $10,000 in a savings account that pays 3.5% simple interest.
<u>To calculate the future value, we need to use the following formula.</u>
FV= PV*(1+i*n)
n= 7
i= 0.035
PV= 10,000
FV= 10,000*(1+0.035*7)
