5000(1+.07)^2
5000(1.07)^2
5000(1.14)
5,700
Your final answer should be 5,700$. If you wanna double check you would use the equation fv=bv(1+r/m)^mt
Answer:
2.96
Explanation:
37/x=100/8
(37/x)*x=(100/8)*x - we multiply both sides of the equation by x
37=12.5*x - we divide both sides of the equation by (12.5) to get x
37/12.5=x
2.96=x
x=2.96
None. ⅔ is greater than 1/6 but ⅔ equals 2 x (1/6).
Basically one half of ⅔ equals 1/6
