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
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Answer: 5
Step by step:
(3x+4)/2 = 9.5
3x+4 = 9.5*2
3x+4 = 19
3x = 19 -4
3x = 15
x = 5
Answer:
It's 0.3. Hope this helps!
Step-by-step explanation: