To find the future value of this investment the formula is
A=p (1+r/k)^kt
A future value?
P present value 1000
R interest rate 0.07
K compounded monthly 12
T time 2 years
A=1,000×(1+0.07÷12)^(12×2)
A=1,149.81
Answer: X = 2
Step-by-step explanation:
Since you requested I answer this, I will do my best, but I'm not sure I can explain it well.
45° clockwise from due east is just 45° from the east. Moving clockwise, which is the direction the hands of a clock move, you're going to the south, and since it's by 45°, you're halfway between east and south, so you're southeast.
