Answer is : -7
Reason: 5(-2)=-10
-10+3=-7
A financial plan is an evaluation of an investors current and future financial state by using currently known variables to predict future cash flows asset values and withdrawal plans.
3/5
(5,-1)(-5,-7)
-1 - -7 = 6
5 - - 5 = 10
6/10 = 3/5
We know the formula for compound interest as
Now, we have been given that Ellen has $125. It means we have
P = $125
From the given directions, we have
On substituting these values in the above mentioned formula, we have
Therefore, Ellen would have $240.08 after 8 years.
For number 5. X=12.5 and for number 6. X=4
Hope this helps :)