Answer:
$10,234.31
Step-by-step explanation:
A suitable financial calculator or spreadsheet can evaluate the future value function for you. It will tell you that $10,234.31 must be deposited today to have $13,000 in three years, when interest is 8% compounded monthly.
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You are solving for P:
13000 = P(1 +0.08/12)^(12×3)
P = 13000/(1 +0.08/12)^36 ≈ 10,234.31
Answer:
The answer would be -9
Step-by-step explanation:
-(3)^2
-(9)
-9
Following order of operations (PEMDAS)
The slope is 1, you can see as it goes right one it goes up one, so the rise/ run would be 1
ANSWER: 1