The given numbers are a set of points. To convert this into a linear data set, you can do data fitting. The easiest way to do this is using a software. In this case, I used MS Excel. You plot the points and set a linear trendline. The linear equation for this set of data is: y = 0.286x + 0.784
You can refer to the image to further understand the procedure.
Answer:
FV= $385,307.82
Step-by-step explanation:
Giving the following formula:
Annual salary (A)= $39,500
Growth rate (g)= 2% annual
Number of years (n)= 9 years
<u>To calculate the total amount earned over 9 years, we need to use the following formula:</u>
FV= {A*[(1+g)^n-1]}/g
A= annual deposit
FV= {39,500*[(1.02^9) - 1]} / 0.02
FV= $385,307.82
Answer: Hello fellow student to answer your question,
The answer is D
Step-by-step explanation:
Hope this helps!
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Im guessing match the colors with the chocolate key order or just put it in the order of the rainbow heart right above