For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
Answer:
100 pascals would be your answer
have a great day ! ⭐️
Based on my knowledge, you’d set both equations equal to y, and then set both sides equal to each other then solve.
y=-5+x
y=-2x-4
-5+x=-2x-4
then solve from there
(this could be completely wrong, so don’t only go by my opinion)
