Answer:
FV= $4,725.74
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $2,000
Number of periods (n)= 15 years
Interest rate (i)= 5.9% = 0.059
<u>To calculate the Future Value, we need to use the following formula:</u>
<u></u>
FV= PV*(1 + i)^n
FV= 2,000*(1.059^15)
5
35 in total, sliced into 7 equal parts (1 per week).
so, each weekly part is therefore 35/7 = 5.
I could be wrong but the coffee is 200 and the hot choclet is 266.666666667
I used math and a calculator.
Thank you Thank you :)
