Answer:
1. b
2. a
3. d
4. c
Step-by-step explanation:
Answer:
408,506
Step-by-step explanation:
Answer:
PV= $3,402.9
Step-by-step explanation:
Giving the following formula:
Future Vale (FV)= $5,000
Number of years (n) 5 years
Interest rate (i)= 8.5% compounded annually
<u>To calculate the initial investment (PV), we need to use the following formula:</u>
PV= FV / (1 + i)^n
PV= 5,000 / (1.085^5)
PV= $3,402.9
Answer:
domain: all real numbers
range: y<-2
Step-by-step explanation:
I think its correct but already know the answer sooo yea