Find the percent of each number. 1. 32% of 60 =
2 answers:
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The standard form of a quadratic equation is
,
where ,
, and
are coefficients. You want to get the given equation into this form. You can accomplish this by putting all the non-zero values on the left side on the equation.
In this case, the given equation is
Since is on the right side of the equation, we subtract that from both sides. The resulting equation is
Looking at the standard form equation , we can see that
Answer:
The future value of this initial investment after the six year period is $2611.6552
Step-by-step explanation:
Consider the provided information.
A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.
Future value of an investment:
Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.
9% compounded semiannually for 6 years.
Therefore, the value of r is:
Number of periods are: 2 × 6 = 12
Now substitute the respective values in the above formula.
Hence, the future value of this initial investment after the six year period is $2611.6552