Answer:
FV= $21,038.28
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $15,000
Interest rate (i)= 7% compounded annually
Number of periods (n)= 5
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 15,000*(1.07^5)
FV= $21,038.28
I would recommend going to school
Or get a tutor
Or ask your parents
Answer:
11 boys walk to school each day
Step-by-step explanation:
<em>*The following will be assumed: the only genders of students in the class are male or female; the only options for getting to school are walking or not walking</em>
If there are 32 students in the class total, and there are 15 boys,
32 - 15 = 17
there are 17 girls.
If 8 of these girls do not walk to school,
17 - 8 = 9
9 girls walk to school
So, if 20 total students walk to school, and 9 of those are girls
20 - 9 = 11
11 boys walk to school each day.
Answer:
The nomber of people can attend a dinner that costs $131. 50 is 14.
Step-by-step explanation:
With the information provided, it can be said that the total cost of a dinner would be equal to the initial fee plus the result of multiplying the price per person for the number of people, which can be expressed as:
c=16+8.25x, where:
c is the total cost of he dinner
x is the number of people
Now, you can replace c with 131.50 that is the cost of a dinner and solve for x to find the number of people that can attend:
131.50=16+8.25x
131.50-16=8.25x
115.50=8.25x
x=115.50/8.25
x=14
According to this, the answer is that the nomber of people can attend a dinner that costs $131.50 is 14.
