$394.51 is future value of money after 2 years.
What future value means?
- A current asset's future value (FV), which is based on an estimated rate of growth, is its value at a later time.
- Investors and financial planners use the future value to project how much an investment made now will be worth in the future.
The method that results in more money after 2 years is Peggy's investment.
Which method results in more money in 2 years?
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
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Answer:
23 Cm(2)
Step-by-step explanation:
Sincerest Apologies if it is incorrect
if it's not 23 it may be:
26 Cm(2)
20 dollars, she will earn this because five percent of one hundred is five, times five by four and you get your answer of twenty!
Answer:
420mg
Step-by-step explanation:
0.7x6 = 0.42g which is 420mg
1g = 1000mg
Answer:
i think you reflect across the axis
Step-by-step explanation:
i learned this
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