Answer:
FV= $21,038.28
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $15,000
Interest rate (i)= 7% compounded annually
Number of periods (n)= 5
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 15,000*(1.07^5)
FV= $21,038.28
Answer: the answer is right, try putting a $ in front of it, sometimes those programs mess up if you aren't specific
5.
the equation looks like:
((2x+1)+4)/((x)+4)= 5/3
then you do cross multiplication and get:
6x+3+12=5x+20
subtract 5x on each side. subrtract the 3 and 12 from the 20.
and you get your answer 5=x
The correct answer is letter B, (6,-1).
When you substitute this ordered pair on the equations, you would found out is the correct one.
