Answer:
1/32768
Step-by-step explanation:
I don't know how to explain it to you. I am sorry.
Answer: $58,088.57
Step-by-step explanation:
The investment is compounded weekly so you need to change the parameters of the equation to a weekly figure:
Interest rate is yearly so:
= 3.75%/52
= 3.75/52% per week
Number of periods is 4 years so:
= 4 * 52
= 208 weeks
Future value in 4 years is:
= 50,000 * ( 1 + 3.75/52%)²⁰⁸
= $58,088.57
x + 4 = 12 Subtract 4 on both sides to get "x" by itself
x + 4 - 4 = 12 - 4
x = 8
Answer: Variables
F and C are placeholders for numbers. They are called variables because they are allowed to vary, or change. If you change C then it affects F, and vice versa. If the values for the placeholders is not allowed to change, yet it holds a number, then it is considered a constant. In this case, we don't have constants or else the formula isn't too useful.
