Answer:
FV= $7,040.46
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $5,500
Number of periods (n)= 5*2= 10 semesters
Interest rate (i)= 0.05/2= 0.025
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 5,500*(1.025^10)
FV= $7,040.46
Answer:
Options C and D are correct answers.
C. 3
D. 3.In e
Step-by-step explanation:
(Given)
Answer:350
Step-by-step explanation:
unknown is a
a% of 68=238
a/100 x 68=238
68a/100=238
Cross multiplying we get
68a=100x238
68a=23800
Divide both sides by 68
68a/68=23800/68
a=350
Answer:
5m - 5n - 1
Step-by-step explanation:
(3m - 4n - 7) - (8m + n - 6) =
3m - 4n - 7 - 8m - n + 6 =
5m - 5n - 1
