Answer:
FV= $3,725.07
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $3,294
Number of periods (n)= 5 years
Interest rate (i)= 2.6% = 0.026
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 3,294*(1.026^5)
FV= $3,725.07
Let the reduced price be x
If he paid for 6 rounds, he paid 1 round at full price of $19 and 5 rounds at reduced price:
19 + 5x = 59
5x = 59 - 19
5x = 40
x = 40 ÷ 5
x = 8
The reduced price is at $8 per round.
Answer: -22/65
Step-by-step explanation: PLEASE GIVE BRAINLIEST IT HElPS ALOT