The future worth (F) of the investment at present (P) with a compound interest i after n years is calculated through the equation,
F = P x (1 + i)^n
Substituting the known values,
F = ($200) x (1 + 0.07)^5 = $280.51
Thus, the future worth of the investment is approximately $280.51.
Answer:
(1,-2)
Step-by-step explanation:
Choose any value for x that is in the domain to plug into the equation.
Choose 0 to substitute in for x to find the ordered pair.
(0, -19/6)
Choose 1 to substitute in for x to find the ordered pair.
Remove parentheses.
y= -19/6 + 7(1)/6
Simplify
y=2
Use the
x and y values to form the ordered pair.
(1,−2)
Answer:
1000000000000000000001
Step-by-step explanation:
Done. You're welcome
24-3x=-27
-24 -24
-3x=-51
— —
-3 -3
X=17
Answer:
In 50 years the amount will be $ 2000.
Step-by-step explanation:
Tiana deposited $500 into a account at 6 % simple interest per Year .
Therefore, Principal (P) is $500
Amount (Principal + Interest) = $2000
Interest (I) = $2000 - $500 = $1500
Rate percentage (R) = 6% per Year
Let, The time be T years
Now, I = 
Or, T =
Or, T = (100×1500 ) ÷ ( 500× 6 )
<em> </em><em>∴ T = 50 Years</em>