Answer:
23=x-13, x=36
9+x=14, x=5
12=x+8, x=4
Step-by-step explanation:
23=x-13. You want to isolate x so you have to add 13 to both sides. x=23+13, x=36
9+x=14. You want to isolate x so you have to subtract 9 from both sides. x=14-9, x=5.
12=x+8. You want to isolate x so you have to subtract 8 from both sides. x=4.
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Answer:
45 dollars
Step-by-step explanation:
Answer:
4
Step-by-step explanation:
It goes through that one on the graph
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