Let
F--------------------> future value
P--------------------> present value
r --------------------> interest rate per year
m ------------------ > number of compounding periods per year
t --------------------> time in years.
we know that
P=$1,600
<span>t=17 years
m=2
r=10%------> 0.10
F=P(1+i)</span><span>^n
</span><span>where
i=r/m ---------> 0.10/2=0.05
and
n=m*t------------> 2*17=34
</span>F=1600*(1+0.05)^34=8405.36
<span>
the answer is $</span>8405.36<span>
</span>
1 out of 6 chances
Explanation: there’s 6 sides of a cube if you mark them 1-6 there only one side that you can land on that is greater then 5 which is six also if you need it in percent it’s 16.6%
Answer:
A is correct
Step-by-step explanation:
Answer:
8800
Step-by-step explanation: