Answer:
Results are below.
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $7,000
Interest rate (i)= 2.5%
<u>To calculate the future value after x years, we need to use the following formula:</u>
FV= PV*(1 + i)^x
<u>Now, for 9 years:</u>
x= 9
FV= 7,000*(1.025^9)
FV=$8,742.04
Answer:
The solution is in the picture above
Answer:
y
=
−
3
x
−
5
Step-by-step explanation:
Write in slope-intercept form, y
=
m
x
+
b
.
Answer:
Yes , the answer is cirrect