Answer:3/4
Step-by-step explanation:
A, divide 2.5 by 5 and you get 0.5, multiply that by 9 and you get 4.5. A is the answer
To find the future value the formula is
A=p e^rt
A future value?
P present value 8906.54
R interest rate 0.06
T time 9 years
E constant
A=8,906.54×e^(0.06×9)
A=15,283.68
To find the interest earned the formula is
I=A-p
I=15,283.68−8,906.54
I=6,377.14