Answer:
<u>The future value of the investment after 10 years is $ 29,240.53</u>
Step-by-step explanation:
1. Let's review the information given to us to answer the question correctly:
Principal = $ 17,500
Interest rate = 5.2% = 0.052 compounded semiannually
Time = 10 years = 20 semesters
2. What is the future value of the investment after 10 years?
Let's use the formula of the Future Value, to calculate it for this investment:
FV = P * (1 + r) ⁿ
Let's replace with the real values:
FV = 17,500 * (1 + 0.052/2)²⁰
FV = 17,500 * 1.670887521
<u>FV = 29,240.53</u>
Answer:
.....................
Step-by-step explanation:
Answer:
its the 3 one
Step-by-step explanation:
Answer:
Y=2x^2
Step-by-step explanation:
You can't unless you have other information.
Hope this helps :)
