I got zero for both but I believe I'm wrong
The answer is B.
1. Use the quadratic formula
2. Solve everything under the square root
3. Solve the denominator
You can check the picture to see the work
The correct answer is c and also plz accept my friend request
Answer:
FV= $7,040.46
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $5,500
Number of periods (n)= 5*2= 10 semesters
Interest rate (i)= 0.05/2= 0.025
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 5,500*(1.025^10)
FV= $7,040.46
Answer: n=4 y=3
Step-by-step explanation:
3n - y = 9
2n + y = 11
n=4
3(4) - y = 9
12 - y = 9
y=3