What would the answer be to this?
2 answers:
You might be interested in
Answer: No solution
Step-by-step explanation:
The red line is y=3x+7 and the blue line is y=3x+2
The lines do not intersect at any time. Therefore, this set of equations has no solution. I hope this helps! Pls mark brainliest!! :)
Answer:
The future value of this initial investment after the six year period is $2611.6552
Step-by-step explanation:
Consider the provided information.
A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.
Future value of an investment:
Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.
9% compounded semiannually for 6 years.
Therefore, the value of r is:
Number of periods are: 2 × 6 = 12
Now substitute the respective values in the above formula.
Hence, the future value of this initial investment after the six year period is $2611.6552