Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
Answer is choice B: the circumference of a circle is the same as perimeter and is defined by πd (or pi times diameter) We can cut this in half because we are working with a semicircle: so we have 6π which approximates to the value in answer
when using 3.14 for pi
Woops: forgot to add the diameter of 12 so we would have 30.84
7.5 ft because
6/30 = .0005 so then x we factor in equals 7.5 for
