Answer:
There are 2000 pounds in a short ton. To convert short tons to pounds, multiply the ton value by 2000.
Answer:
FV= $2,407.53
Step-by-step explanation:
Giving the following information:
Present Value (PV)= 1,300
Interest rate (i)= 4.5% = 0.045
Number of periods (n)= 14 years
<u>To calculate the future value (FV) of the initial investment after 14 years, we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 1,300*(1.045^14)
FV= $2,407.53
Answer:
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Step-by-step explanation:
