Answer:
FV= $819.03
Step-by-step explanation:
Giving the following information:
Initial investment= $600
Number of periods= 5*12= 60 months
Interest rate= 0.062/12= 0.0052
<u>To calculate the future value of the investment, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 600*(1.0052^60)
FV= $819.03
X=-8
Hope this helped
Tell me if you need an explanation
24 4/13 gallons are used to water one square foot of his garden.
Answer: f(x) = 1,024(0.50)^x
Step-by-step explanation:
Hi, to answer this question we have to apply a decreasing rate formula:
f(x)= P (1 - r) ^x
Where:
p = original number of players
r = decreasing rate (decimal form, since half of the players are eliminated the percent decrease is 50%)
x = rounds
f(x) = number of players after x rounds
Replacing with the values given:
f(x) = 1,024(1-50/100)^x
f(x) = 1,024(1-0.5)^x
f(x) = 1,024(0.5)^x
You want to multiply together the number of possible choices for each digit in the code.
0-9 is ten possible numbers, since repetitions are allowed (example code 2,2,2,2) there are ten possible choices per digit in the code.
10*10*10*10 = 10,000 four digit coded possible