Answer:
the future value is $5800.38
Step-by-step explanation:
Given that
The invested amount i.e present value is $500
The rate is 5 % per year so quarterly rate is 5% ÷ 4 = 1.25%
The time period is 3 per year so for quartely it is 3 × 4 = 12
We need to find out the future value
So as we know that
Future value = Present value × (1 + rate of interest)^time
= $500 × (1 + 0.0125)^12
= $580.38
hence, the future value is $5800.38
Answer:
x= -4, -3, 3
Step-by-step explanation:
You must factor this equation.
Once you factor, you get (x+4)(x-3)(x+3)
Set this equal to 0 and solve.
You get -4,-3, and 3.
X can be 4 or -4
As a minus by a minus is a positive