We are given with an initial deposit of $20,000 and a future worth of <span>$35,000. In this case, we are asked for the return of income (ROI) of the investment. in this case, we assume the number of years equal to 1. hence,
</span>$35,000 = <span>$20,000* (1+i) ^1
</span>i or ROI then is equal to 0.75
A=p(1+i/m)^mn
A=980×(1+0.08÷4)^(4×5)
A=1,456.23
Line point L would be the midpoint of question 3.
8 goes into 153 19 times.
