If you need to you can write it out. the answer is X=14
Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
Answer:
Thank you so much made my day!
Step-by-step explanation:
Answer:
Can' possible......
Step-by-step explanation:
Let suppose the numbers are:
x
x + 1
x + 2
Now according to given condition:
x + x +1 + x+ 2 = -206
By adding we get:
3x + 3 = -206 Subtracting 3 from both sides:
3x + 3 - 3 = -206 -3
Both terms on right side have negative sign so we will add them. (answer will have negative sign.)
3x = -209
Dividing both sides by 3:
x = -209/3
x = -69.6666
that is not an integer so the question is wrong.
I hope it will help you!
