Answer:
$3,015
Step-by-step explanation:
To determine the amount that you will have in 6 years, you have to use the formula to calculate the future value:
FV=PV*(1+i)^n
FV= future value
PV= present value= $1,900
i= interest rate= 8%
n= number of periods of time= 6 years
FV=1,900*(1+0.08)^6
FV=1,900*(1.08)^6
FV=3,015
According to this, the answer is that in 6 years you will have $3,015 in your retirement account.
Wish I could help on so sorry
Answer:
12
Step-by-step explanation:
20-6=14 (Distance between points) then 14*3/7=6.
3/7 of the distance from A=6 to B=20 is 6. Thus, we find the point that is
3/7 of the distance from A=6 to B=20 by adding 6 to 6.
6+6= 12
Therefore, the point that is
3/7 from A=6 to B=20 is 12.
Use Pythagorean Theorem which states that in a right triangle:
, where a and b are the legs, and c is the hypotenuse.
Take the square root of both sides to solve for x.
The answer is 26.
