Sent a picture of the solution to the problem (s).
The Future value is:
a) $10,210.25
b) $11,220.41
c) $12,308.99
d) $18,938.90
e) $44,835.28
What is future value?
The future value (FV) of any asset can be understood as an increase in its value at a fixed rate over a period of time. For a given principal sum P, rate of interest r, and time period t, the future value of an asset can be calculated as:
FV=P*(1+r) ^t
We can find future value as shown below:
P=$8,000
t=5 year
a) r=6%=0.06
FV=8000*(1+0.05) ^5
=8000*(1.0) ^5
=$10,210.25
b) r=7%=0.07
FV=8000*(1+0.07) ^5
=8000*(1.07) ^5
=$11,220.41
c) r=9%=0.09
FV=8000*(1+0.09) ^5
=$12,308.99
d) r=9% compounded semiannually
= 0.09
t=2*5=10
FV=8000*(1+0.09) ^10
=8000*(1.09) ^10
=$18,938.90
e) r=9 percent compounded quarterly
=0.09
t=5*4=20
FV=8000*(1+0.09) ^20
=8000*(1.09) ^20
=$44,835.28
Learn more about Future value here:
brainly.com/question/7463006
#SPJ2
Answer:
See below
Step-by-step explanation:
- <em>There is a formula for estimating square root of non-perfect square numbers</em>
- <em>√(A²±B) = A ± B/2A</em>
- <em>where A² is the nearest perfect square, B is the difference between the original number and the perfect square</em>
<u>Examples</u>
- 1) √75 = √(8²+11) = 8 + 11/(2*8) = 8 + 11/16 = 8.6875
- 2) √114 = √(11² - 7) = 11 - 7/(2*11) = 10.6818
Answer: 146°
Step-by-step explanation:
Answer:
2m/s
2 meters per second
Step-by-step explanation:
Formula for speed is distance (meters) over time (seconds) after you divide you get 2. Please give me the brainliest answer?
:) Hoped this helped!!! Have a good day!!! <3
