29% of a university's freshman class are majoring in Economics. If 870 students in the freshman class are Economics majors, how
1 answer:
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Answer:
The future value of this initial investment after the six year period is $2611.6552
Step-by-step explanation:
Consider the provided information.
A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.
Future value of an investment:
Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.
9% compounded semiannually for 6 years.
Therefore, the value of r is:
Number of periods are: 2 × 6 = 12
Now substitute the respective values in the above formula.
Hence, the future value of this initial investment after the six year period is $2611.6552
Answer:
The coordinates are and
.
Step-by-step explanation:
First, we have to derive an expression for translation under the assumption that each point of XYZ experiments the same translation. Vectorially speaking, translation from X to X' is defined by:
(1)
Where is the vector translation.
If we know that and
, then the vector translation is:
Then, we determine the coordinates for Y' and Z':
The coordinates are and
.