Answer:
FV= $1,045.96
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $575.75
Number of periods (n)= 15*5= 60 months
Interest rate (i)= 0.12 / 12= 0.01
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 575.75*(1.01^60)
FV= $1,045.96
Answer:
$28.91
Step-by-step explanation:
The first step is to calculate the amount of the tip. You multiply the price (24.50) by the tip amount (18% or 0.18). The product is 4.41. Then, you add the tip to the bill. 24.50+4.41=28.91.
Answer:
what?
Step-by-step explanation:
X - 10 >= -2
x will be greater than or equal to 8