Answer:
715 pounds
Step-by-step explanation:
<em>FV = solve</em>
<em>PV = 600</em>
<em>I% = 6</em>
<em>K = 1, N = 3 </em>(2013 - 2016 = 3 years)
Plug it in:
<em>FV = 600 x [ 1 + (6/100 x 1)]³</em>
= 600 x ( 1 + 0.06)³
= 600 x (1.06)³
FV = 714.61, 715 to the nearest dollar.
<em>Therefore, the fee in 2016 is 715 pounds.</em>
Answer:
growth
Step-by-step explanation:
This is of the form
y = ab^x where a is the initial value and b is either growth or decay
if b > 1 then it is growth
b <1 it is decay
a = .2
b = 4
Since b>1 it is growth
Answer:
m=88
Step-by-step explanation:
First we have to isolate the variable. In this case, it would be by multiplying the reciprocal of the fraction the both sides. M will be alone and the other side should come out to be 88. Assuming you know how to multiply with fractions, of course.
So -390 -- 220 = -170
That was the change between the beginning and end of the turn.
