A=pe^rt
A future value
P principle 5000
R interest rate 3/100 =0.03
T time 5 years
A=5,000×e^(0.03×5)
A=5,809.17
They are said to be proportional.
Answer:
$3000
Step-by-step explanation:
Assuming that the court didn't charge any legal fee to Jed and Jed also the lawyer for this case didn't charge him anything, Jed had personally planned to get $15,000. Subtracting the amount initially paid, $10,000, Jed still needs $5,000 from Alison. Assuming a fair judgement was made, giving Jed 2,000 and subtracting this from his expectation of $5,000 we remain with $3,000. Therefore, we can conclude that the $3,000 is the loss he should record out of this deal.
