Answer:
The future value of this initial investment after the six year period is $2611.6552
Step-by-step explanation:
Consider the provided information.
A student desired to invest $1,540 into an investment at 9% compounded semiannually for 6 years.
Future value of an investment: 
Where Fv is the future value, p is the present value, r is the rate and n is the number of compounding periods.
9% compounded semiannually for 6 years.
Therefore, the value of r is: 
Number of periods are: 2 × 6 = 12
Now substitute the respective values in the above formula.
Hence, the future value of this initial investment after the six year period is $2611.6552
Answer:
5
Step-by-step explanation:
Answer:
P(t) = 282.2(1.009)^t
Step-by-step explanation:
Look at the attached image.
Hope you can read my handwriting. the image cut off the right side, b = 1.009213324... but question asks to round to nearest thousandth so it's 1.009
For the second part just use the equation to find P when t = -1 and see if P is less than (underpredicts) the number from the question or greater than (overpredicts) the number. I haven't calculated it but I think it will be smaller and thus underpredicts just from looking at the numbers when t = -1
Answer:
q= -ck+dp/
-k+d
Step-by-step explanation:
Step 1:
Multiply both sides by p.
dp=ck−kq+pq
Step 2:
Flip the equation.
ck−kq+pq=dp
Step 3:
Add -ck to both sides.
−kq+pq=−ck+dp
Step 4:
Factor out variable q.
q(−k+p)=−ck+dp
Step 5:
Divide both sides by -k+p.
q= -ck+dp/
-k+d
Sorry if it's all letters and u needed numbers.
