$394.51 is future value of money after 2 years.
What future value means?
- A current asset's future value (FV), which is based on an estimated rate of growth, is its value at a later time.
- Investors and financial planners use the future value to project how much an investment made now will be worth in the future.
The method that results in more money after 2 years is Peggy's investment.
Which method results in more money in 2 years?
The formula for calculating the future value of an investment:
FV = P (1 + r)^nm
FV = Future value
P = Present value
R = interest rate
m = number of compounding
N = number of years
Future value of Larry's investment: $350 x [1 + (0.04/4)]^(4 x 2) = $379
Future value of Peggy's investment: $350 x [1 + (0.06/12)]^(12 x 2) = $394.51
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1 and 3/4 is the answer!
Hope this helps! May I have brainliest? :D
<span>(b^4)^2 = b^(4x2) = b^8
answer
b^8</span>
Answer:
where are the patternes that are supposed to be shown?
Step-by-step explanation:
it says : Which pair of patterns below represents that of Edward and Juan?
but there are no patterns shown
Answer:
Order is 6
Step-by-step explanation:
The population of Portland Oregon has recently grown to more than 500,000.
The order of magnitude for the number of people in Portland means the power of 10. It means that we need to write 500,000 in form of 10 to the power. So,

It contains 6 zeroes. It means,

So, the order of magnitude for the number of people in Portland is 6.