Answer: $4108.87
Step-by-step explanation:
Given : Present value :
The number of time period :
The rate of interest :
Let P be the present value of bond .
The formula to calculate the future value is given by :-
Hence, the future value of the bond on January 1, 2038 would be $4108.87 .
Answer:
g(-1) = 3, g(2) = 6, g(5) = 4
Step-by-step explanation:
Please refer to attached photo. (Apologies for the terrible handwriting.)
From here we can see,
g(x) = x + 4 applies for values x less than or equal to 2.
g(x) = 9 - x applies for values x more than 2 (which does not include 2.)
g(-1):
Since -1 < 2,
g(-1) = -1 + 4 = 3
g(2) = 2 + 4 = 6
g(5):
Since 5 > 2,
g(5) = 9 - 5 = 4
