Answer:
Step-by-step explanation:
Compound continuously:
FVn = PV x e^rn
where
PV = $20,000
r = 3.85%
n = 12 years
plugin values into the formula:
FV₁₂ = $20,000 x e ⁰°⁰³⁸⁵ ⁽¹²⁾
FV₁₂ = $31,745
8
Replace your variables with the numbers given.
0.1m + 8 - 12n =
0.1 · 30 + 8 - 12 · 1/4 =
The answer should be 1/2.
1.38
1.7-0.4=1.8
1.8/1.3=1.38
On graph place point at (1,8) and draw a triangle
