I think it is 47 not sure
Answer:
About 0.3 billion dollars
Step-by-step explanation:
5 years = 60 months.
The 150 of the first month will be 150*1.07^60 in 5 years.
The 150 of the second month will be 150*1.07^59 in 5 years.
The 150 of the third month will be 150*1.07^58 in 5 years.
And so forth.
So we sum that up:
( sum_(n=1)^(60) 150×1.07^n)
And multiply with
× 1.07^(5×23)
to account for the increase in value in the following 23 years.
Hayya please help with mine its right above
Divide the numbers for the unit rate and the rate is how much you side it by
