Answer:
the markup is 1016%
Step-by-step explanation:
Answer:
Future Value= $5,886.13
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $5,425
Number of periods (n)= 1 year
Interest rate (i)= 8.5% = 0.085
<u>To calculate the future value after one year, we need to use the following formula:</u>
<u></u>
FV= PV*(1+i)^n
FV= 5,425*(1.085^1)
FV= $5,886.13
Well 41 divided by 6 is 6.8333333333333 so you just need to subtract .833333333333
I hope this answered your question
Answer:
0.08
Step-by-step explanation:
You have to dive the x and the Y so R=7
