Answer:
FV= $436.72
Step-by-step explanation:
Giving the following information:
Initial cost (PV)= $500
Decrease rate (d)= 7% per year
Number of periods (n)= 2 years
<u>To calculate the future value after 2 years, we need to use the following formula:</u>
FV= PV / (1 + d)^n
FV= 500 / (1.07^2)
FV= $436.72
Answer:
rational
Step-by-step explanation:
Answer: That makes no sense. Maybe did your copy and paste corrupt? Or mistyped the question? Get back to me and I’ll help!!
Step-by-step explanation:
Answer:
h=0.344
Step-by-step explanation:
4.52-5h=2.8
Subtract 4.52 from both sides
-5h=-1.72
Divide -5 from both sides
h=0.344