Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
Subtract L from both sides.
the expression now becomes,
<span>S−L=−rL</span>
2)Divide by L on both sides.
<span><span><span>S−L</span>L</span>=−r</span>
3)Multiply with a negative sign on both sides in the final step to obtain the expression in terms of r so the answer is<span> #(L-S)/L = r#</span>
Answer:
<em>" Expected Payoff " ⇒ $ 1.56 ; Type in 1.56</em>
Step-by-step explanation:
Consider the steps below;

<em>Solution; " Expected Payoff " ⇒ $ 1.56</em>
Answer: The answer is 4,500.
Explanation: 450 x 10 = 4,500.
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