Answer: no solution
it won’t work no matter what you are trying to figure out.
6700=32000 (0.8)^t
Solve for t
t=log(6,700÷32,000)÷log(0.8)
t=7 years
Answer:
FV= $3,352.98
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $5,400
Number of periods (n)= 5 years
Interest rate (i)= 10%
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV / (1 + i)^n
FV= 5,400 / (1.1^5)
FV= $3,352.98
The slope of the line that passes through the pair of point (5, 7), (2, 1) is 2
<em><u>Solution:</u></em>
Given that line that passes through the pair of point (5, 7), (2, 1)
To find: slope of the line
<em><u>The slope of line is given as:</u></em>
For a line passing through two points
and
slope is given as:

Here in this problem,

<em><u>Substituting the values in above formula,</u></em>

Thus the slope of given line is 2