Answer:
FV= $11,156.94
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $7,000
Number of periods (n)= 8 years
Interest rate (i)= 6% compounded annually
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 7,000*(1.06^8)
FV= $11,156.94
Divide total number of students by number of teachers:
Elmwood: 576 students / 24 teachers = 24 students per teacher.
Savory: 638 students / 29 teachers = 22 students per teacher.
Savory has the lowest students per teacher rate.
The answer will be 35 because it is a proportional side length
How is this 1st grade!? And also I think the answer is 3,000