The future value of cash whose initial value is $845, at the rate of 11.3% for 7 years will be calculated using the compound interest rate, that is:
A=p(1+r/100)^n
where:
A=future amount
r=rate=11.3%=0.113
time=7 years
thus the future value of our cash will be:
A=845(1+0.113)^7
A=845(1.113)^7
A=$1,787.82
Answer:
y=-1
Step-by-step explanation:
5x^2+8x+3=0
factor
(5x+3) (x+1)=0
using the zero product property
5x+3 =0 x+1 =0
5x=-3 x=-1
x=-3/5 x=-1
Answer:
Exact form: - 257/106
decimal form: -2.42452830
Mixed Number Form: -2 45/106
Step-by-step explanation:
Reduce the expression if possible by cancelling the common factors
