The future worth (F) of the investment at present (P) with a compound interest i after n years is calculated through the equation,
F = P x (1 + i)^n
Substituting the known values,
F = ($200) x (1 + 0.07)^5 = $280.51
Thus, the future worth of the investment is approximately $280.51.
Answer:
Step-by-step explanation:
The answer is 0
I think this is what you want to do
Your welcome
This is 1/2 to 1/10
multiply each fraction by 10:-
= 5 : 1
The answer is 5 Choice D
