Answer:
maybe like 5k
Step-by-step explanation:
Answer:
0.05 is a terminating decimal
Step-by-step explanation:
0.05 is a terminating decimal because it has finite digits.
<span>Break down every term into prime factors. ...Look for factors that appear in every single term to determine the GCF. ...Factor the GCF out from every term in front of parentheses, and leave the remnants inside the parentheses. ...<span>Multiply out to simplify each term. </span></span>
Answer:
- scientific or graphing calculator
- TVM solver
- spreadsheet
Step-by-step explanation:
For many future-value calculations, a scientific calculator is a sufficient tool. Of course, one must know the appropriate formula to use.
A good alternative when the calculation is a little messy is a TVM solver or special-purpose financial calculator. I prefer this tool because it requires little more than entering numbers in to the right slots.
Most modern spreadsheet programs and apps come with financial formulas built in. So, they, too, can be easy tools to use for calculating future value. These are especially handy when a number of scenarios need to be explored. (I always have to look up the formulas to see which one is appropriate and what its inputs are. So, I find a spreadsheet less useful for a simple calculation.)