It’s 1.600 because it’a not the same when you round and it has different type of decimal places.
Answer:
FV= $160.68
Step-by-step explanation:
Giving the following information:
Initial investment= $150
Interest rate= 3.5% compounded annually
Number of periods= 2
T<u>o calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
PV= present value
i= interest rate
n= number of periods
FV= 150*(1.035^2)
FV= $160.68
<h3>
Answer ↓</h3>
<h3>
Calculations ↓</h3>
In order to make a the subject of this equation , we need to get a by itself .
The current equation is :
v = u + at
Subtract u on both sides :
v-u=at
Now, divide by t on both sides :
v-u/t=a
<h3>So the formula looks like ↓</h3>
hope helpful ~
Answer:
-12
Step-by-step explanation:
