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
Answer:
7 to 8
Step-by-step explanation:
7-15=8
The answer is 7. 9 + 5 / 2 equals to 7. 9 and 5 and the two middle numbers.
Answer:
Point C
Step-by-step explanation:
because the number is 0.3 you need to start at zero on the number line and go forward 3 marks. That will lead you to your answer of 0.3
Answer:
- 75 - 32y
Step-by-step explanation:
2y-3[3-4(y-5)+2(1-3y)]
= 2y - 3(3 - 4y + 20 + 2 - 6y)
= 2y - 3(25 - 10y)
= 2y - 75 - 30y
= - 75 - 32y
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