Answer:
FV= $2,407.53
Step-by-step explanation:
Giving the following information:
Present Value (PV)= 1,300
Interest rate (i)= 4.5% = 0.045
Number of periods (n)= 14 years
<u>To calculate the future value (FV) of the initial investment after 14 years, we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 1,300*(1.045^14)
FV= $2,407.53
Answer:
Step-by-step explanation:
Fbnjtd is the one who has a Montague
Formula for finding percent change (increase or decrease) is amount of the change divided by the original amount.
Here, the amount of the change is 50 and the original amount is 250.
50/250= 0.2
Multiply by 100 to get percent.
20% decrease (because budget went down)
The Answer is A 1.2 :))))))))))))
