Answer:
$3,015
Step-by-step explanation:
To determine the amount that you will have in 6 years, you have to use the formula to calculate the future value:
FV=PV*(1+i)^n
FV= future value
PV= present value= $1,900
i= interest rate= 8%
n= number of periods of time= 6 years
FV=1,900*(1+0.08)^6
FV=1,900*(1.08)^6
FV=3,015
According to this, the answer is that in 6 years you will have $3,015 in your retirement account.
What are the other measurements?
Answer:
The last choice. The red one
Step-by-step explanation:
I'm just guessing at this point. But, by the looks of it, red does seem like it would be correct. Again, this is just a guess. So, if it's wrong I'm so sorry. Have a lovely day.
The answer the the question is A.
I would say the answer is D. 7837. Since the common ratio between the x’s and y’s were are 39.5 so multiplying that times 200 gives something around 7900 so, (rounding down) the answer would be D. I really hope that helped! Also please correct me if I am wrong... thanks!
