Answer:
1) future value = present value x [1 + (i x n)] = $300 x [1 + (3.5% x 4)] = $342
2) using the compound interest formula:
future value = $225 x (1 + 4.1%)¹°⁵ = $238.98
Using the simple interest formula doesn't yield the same answer = $225 x [1 + (4.1% x 1.5)] = $238.84. In this case it is close due to a very short period of time and low interest rate.
3) future value = present value x (1 + i)ⁿ = $1,700 x (1 + 6%)⁴ = $2,146.21
since the interest is annual, we must convert 48 months to 4 years
Answer:
0
Step-by-step explanation:
Given
- 0.4(3x - 2) + 
← substitute x = 4 into the expression
= - 0.4(3(4) - 2) + 
= - 0.4(12 - 2) + 
= - 0.4(10) + 
= - 4 + 4 = 0
Answer:
X≤10/7
Step-by-step explanation:
7x-4≤6
add 4 both sides
7x-4+4≤6+4
7x≤10
divide 7 both sides
7x/7≤10/7
x≤10/7
hope it's helpful ❤❤❤❤
THANK YOU.
Answer: B
Step-by-step explanation:
Divide 49.2 by 6 to get 8.2, which is about 8
