Answer:
FV= PV*(1+i)^t
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $2,000
Interest rate (i)= 3.2% = 0.032
Number of periods= t
<u>To calculate the future value (FV) of the investment, we need to use the following formula:</u>
<u></u>
FV= PV*(1+i)^t
F<u>or example, Susan invests for 4 years:</u>
FV= 2,000*(1.032^4)
FV= $2,268.55
If it is an apple, then it grows on trees.
Answer:
the answer is d 17.1 L
Step-by-step explanation: