Answer:
FV= $2,041.29
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $1,500
Number of periods (n)= 7 years
Interest rate (i)= 4.5% = 0.045
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 1,500*(1.045^7)
FV= $2,041.29
If x=3
(1/3)y2+12=15
(1/3)y2=15-12
(1/3)y2=3
y2=3*3
y2=9
y=3
We can use quadratic formula to determine the roots of the given quadratic equation.
The quadratic formula is:
b = coefficient of x term = -11
a = coefficient of squared term = 2
c = constant term = 15
Using the values, we get:
So, the correct answer to this question are option B and D
Well if you are solving for y
the answer is
Y= 4/5x- 3
if you are solving for x
the answer is
X=5/4y + 15/4
*look at the image for the work*