Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
Answer:
8 inches
Step-by-step explanation:
Oliver rolls his ball 1/9th of the distance Fabienne rolls his, so just divide 72 by 9 to get your answer.
Answer:
y = 1
Step-by-step explanation:
The line of reflection will be a parallel line midway between y = - 3 and y = 5
y =
=
= 1
line of reflection is y = 1