$394.51 is future value of money after 2 years.
What future value means?
- A current asset's future value (FV), which is based on an estimated rate of growth, is its value at a later time.
- Investors and financial planners use the future value to project how much an investment made now will be worth in the future.
The method that results in more money after 2 years is Peggy's investment.
Which method results in more money in 2 years?
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
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Answer:
ole los caracoles con mi amiga
Step-by-step explanation:
jeja
Answer:
A
Step-by-step explanation:
i did it
Answer:
So it's going to be 3 times 2 minus 8 3 times 2 is 6 6 minus 8 is negative 2 and that's the answer.
Step-by-step explanation:
Answer:
Q30-A, C
Step-by-step explanation:
A) False, If the parallelogram VJHO was a rhombus, angle V wouldn't be supplementary to angle O
B) True, all opposite sides of a parallelogram parallel
C) False, the same reason as A
D) True, opposite sides of a parallelogram congruent
Q25-
angle BCA = 60 degrees
angle CAB = 27 degrees
angle BCT = 29 degrees
angle BMC = 58 degrees
