The future worth (F) of the current investment (P) with interest i is calculated through the equation,
F = P x (1 + i)^n
Substituting the known values to the given equation,
F + (2500) x (1 + 0.03)^5 = 2898.19
Thus, the account would have approximately 2898.19.
Answer:
x = 1 and x = 6
Step-by-step explanation:
x^2-7x+6=0
(x - 6)(x - 1) = 0
x - 6 =0; x = 6
x - 1 = 0; x = 1
Without so much as a quick peek at the picture, it's not possible to even begin
to answer the question. That's the reason, you see, that the picture is printed
right there, along with the question, in the same place from which you copied
this cut-off portion of the question. It's not enough. We need the picture too.
