2% as a reduced fraction is 2/100 = 1/50
The answer will be C. OR 3. 11−<span>13<span>i</span></span>
For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
Answer:
23
Steps ig
((8x2) +2x(-3)))-(((-(-4)) x 2) +( 3 x( -7)) =23