Help me plzzzzGraph y = -3x + 7.
1 answer:
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Answer:
The change in the standard of living, measured by growth in real GDP per person, is 0.1356%
Step-by-step explanation:
Given,
In the current year,
Population = 31.5 million,
Real GDP = $814 million,
So, the real GDP per person = ≈ 25.841
In the previous year,
Population = 31 million,
Real GDP = $800 million,
So, the real GDP per person = ≈ 25.806
Hence, change percentage =
≈ 0.1356 %
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