Answer:
Step-by-step explanation:
(68+75+74+82+88+x)/6=70
(387+x)/6=70
x= 33
The amount of money the person would have in 8 years s $2541.74.
<h3>How much would the person have in 8 years? </h3>
The formula for calculating future value is:
FV = P (1 + r)^nm]
Where:
FV = Future value
- P = Present value = $2000
- R = interest rate = 3% / 12 = 0.25%
- m = number of compounding = 12
- N = number of years = 8 years
Value of the account in 8 years with monthly compounding = $2000(1.0025)^(12 x 8) = $2541.74
To learn more about future value, please check: brainly.com/question/18760477
Answer:
b=8
Step-by-step explanation:
7b-7-8b=-15
Combine like terms
-b-7=-15
Add 7 on both sides
-b=-15+7
-b=-8
Divide by -1
b = 8
The second answer is D) it will increase 8 times
Answer:
I inserted your equation into desmos calculator
, Hope this helps :)
Have a great day!!
