Step-by-step explanation:
communitive property
Answer:
x < 7
Step-by-step explanation:
7x < 49 (Given)
x < 7 (Divided 7 on both sides)
89 would be the correct answer
Answer:
PV= $3,402.9
Step-by-step explanation:
Giving the following formula:
Future Vale (FV)= $5,000
Number of years (n) 5 years
Interest rate (i)= 8.5% compounded annually
<u>To calculate the initial investment (PV), we need to use the following formula:</u>
PV= FV / (1 + i)^n
PV= 5,000 / (1.085^5)
PV= $3,402.9