62.8319 in
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-TheKoolKid1O1
Answer:
FV= $70,887.15
Step-by-step explanation:
<u>First, we need to calculate the future value of the $130 deposit for 5 years:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit= $130
i= 0.08/12= 0.0067
n= 5*12= 60 months
FV= {130*[(1.0067^60) - 1]} / 0.0067
FV= $9,561.96
<u>Now, using the following formula, the future value of the investment after 25 years:</u>
<u />
FV= PV*(1 + i)^n
n= 25*12= 300
FV= 9,561.96*(1.0067^300)
FV= $70,887.15
Answer:
x=2, y=1
Step-by-step explanation:
y=x-1
y=3-x
x-1=3-x
2x=4
x=2
Length=x
A=lengthxwidth
A=lengthx12
A/12= length
<span> | 3 - 6x | = 15
3-6x = 15
-6x = 15 -3
-6x = 12
x = -2
</span>-(3-6x) = 15
-3+6x = 15
6x = 15 +3
6x = 18
x =3
solutions x = -2 and x = 3