Answer:
FV= PV*(1+i)^t
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $2,000
Interest rate (i)= 3.2% = 0.032
Number of periods= t
<u>To calculate the future value (FV) of the investment, we need to use the following formula:</u>
<u></u>
FV= PV*(1+i)^t
F<u>or example, Susan invests for 4 years:</u>
FV= 2,000*(1.032^4)
FV= $2,268.55
Answer:
5.4
Step-by-step explanation:
Juss took the test
Answer:
x = 77 ft
Step-by-step explanation:
55 ÷ 45 = 1.222222222
1.222222222 x 63 = 77