The answer is 250000
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The future worth (F) of the investment at present (P) with a compound interest i after n years is calculated through the equation,
F = P x (1 + i)^n
Substituting the known values,
F = ($200) x (1 + 0.07)^5 = $280.51
Thus, the future worth of the investment is approximately $280.51.
The volume of a rectangular prism with a length of 12 inches, width of 10 inches, and height of 2.5 inches is 300 cubic inches
<h3>Volume of a rectangular prism</h3>
- Length= 12 inches
- Width = 10 inches
- Height = 2.5 inches
Volume of a rectangular prism = length × width × height
= (12 × 10 × 2.5) inches
= 300 inches
Learn more about volume of prism:
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