Answer:
Step-by-step explanation:
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FV = PV / (1 +r)^n
Where FV = Future Value, PV = Present Value, r = inflation rate in %,
n = number of years.
PV = $38, r = 4%, n = 3 years.
FV = 38 / (1 + 4%)^3
= 38 / (1 + 0.04)^3
= 38 / (1.04)^3 = 33.782
Hence the value 3 years from now = $33.78
Answer: its not 2
Step-by-step explanation: sorry wrong answer
Answer:
The answer is x= -5 1/4
Step-by-step explanation:
Let's solve your equation step-by-step.
2/3x−4 1/2=−8
Step 1: Simplify both sides of the equation.
2/3x+−9/2=−8
Step 2: Add 9/2 to both sides.
2/3x+−9/2+9/2=−8+9/2
2/3x=−7/2
Step 3: Multiply both sides by 3/2.
(3/2)*(2/3x)=(3/2)*(−7/2)
x=−21/4
Answer:
x= −5 1/4
