Answer:
FV= $3,725.07
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $3,294
Number of periods (n)= 5 years
Interest rate (i)= 2.6% = 0.026
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 3,294*(1.026^5)
FV= $3,725.07
Answer:
-625
Step-by-step explanation:
I think so..
Answer:
x = -2
y = 1
Step-by-step explanation:
-3x - 4y = 2
x = -2
y = 1
3x + 3y = -3
x = -2
y = 1
X=6 because 2*6=12 and 12+4=16
Answer:
The solution is (3/8, -7/8).
Step-by-step explanation:
y = −5x + 1
y = 3x − 2
Since the 2 expressions in x are both equal to y :
−5x + 1 = 3x - 2
-5x - 3x = -2 - 1
-8x = -3
x = 3/8.
So y = 3x - 2
= 3(3/8) - 2
= 9/8 - 2 = -7/8.