Answer:
yes
Step-by-step explanation:
YOU DID IT'S A GOOD DAY
$394.51 is future value of money after 2 years.
What future value means?
- A current asset's future value (FV), which is based on an estimated rate of growth, is its value at a later time.
- Investors and financial planners use the future value to project how much an investment made now will be worth in the future.
The method that results in more money after 2 years is Peggy's investment.
Which method results in more money in 2 years?
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
Learn more about future value
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1600*0.85
The answer is 1360 tickets..
Answer:
OPTION B
Step-by-step explanation:
<h2>
3a - 5</h2>
3 and 'a' are multiplied and 5 is subtracted from the result.
OPTION B says 5 less than 3 times a number would fit perfectly.
Other options talk about adding or taking ratios and clearly do not fit the case.
Hence, the right answer is Option B.
Answer:
1.556061
Step-by-step explanation:
you need to divide the length value by 5280
