Answer:
the future value is £15,243.56
Step-by-step explanation:
The computation of the future value is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= £7400 × (1 + 0.128)^6
= £15,243.56
Hence, the future value is £15,243.56
The answer is 9. you start with 1+2 in the parenthesis and then divide 6 by 2. that gives you 3x3 which is 9
Answer:
1353.13
Step-by-step explanation:
1250*.0825= 103.125+1250= 1353.125
then round to the hundredths place to get 1353.13
You have to get 8.25% to a fraction to be able to multiply move the decimal point to the left twice.
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