Answer:
FV= $2,041.29
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $1,500
Number of periods (n)= 7 years
Interest rate (i)= 4.5% = 0.045
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 1,500*(1.045^7)
FV= $2,041.29
Answer:
In the fraction 41/100, 41 is the numerator and 100 is the denominator, the fraction bar means "divided by". So to convert 41/100 as decimal number we simply divide the numerator by denominator.
When we calculated 41 divided by 100, we found that 41/100 in decimal form is:
41 ÷ 100 = 0.41
Therefore, the decimal equivalent of 41/100 is 0.41
Step-by-step explanation:
Hope it is helpful....
Answer:
545.119
Step-by-step explanation:
75 * (1 + .2/12)^10 * 12
75 * (1.016667)^10*12
Now things get a little tricky. What does 10*12 mean? I'm taking it to mean 120
75 * (1.016667)^120
75 * 7.268
545.119
Answer:
250 + 200h = 300 + 180h
200h – 180h = 300 – 250
20h = 50
H = 2.5 credit hours
Step-by-step explanation: Hope this helps and good luck :))
Answer:
2. (-1) 3. (-3.75)
Step-by-step explanation:
If you have any questions about the way I solved it, don't hesitate to ask ;)
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