Answer:
FV= $160.68
Step-by-step explanation:
Giving the following information:
Initial investment= $150
Interest rate= 3.5% compounded annually
Number of periods= 2
T<u>o calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
PV= present value
i= interest rate
n= number of periods
FV= 150*(1.035^2)
FV= $160.68
Since this number has a decimal. Break the answer apart. 2.75•2=$5.50. That would be for two pounds. For another additional 0.5 pounds, you would divide $2.75/2= 1.375. This would be rounded up to 1.38. Now you add 5.50+1.38=$6.88
Answer:
B) 421
Step-by-step explanation:
√2 + √-18
√2 + √9·-2
√2 + 3√-2
(3 +1 )(√2 ·√-2) = 2i
4 · 2i
Answer:
3/5
Step-by-step explanation:
Step one:
given data
Amy saved 1/5
her brother 4/5
Required
How much more did her brother save
Step two:
let us subtract Amy's savings from her brother's
4/5-1/5
=4-1/5
=3/5
