Answer:
investment 10 years from now is $1,238,000
.
Explanation:
given data
sum = $500,000
rate = 12% =0.12
total time = 10 year
solution
as present value After 2 years from now is $500,000
so time period is now = 8 year ( 10 - 2 )
so we apply future value formula that is
Future value = present value ×
............1
put here value we get
Future value = $500,000 ×
Future value = $500,000 × 2.476
Future value = $1,238,000
so investment 10 years from now is $1,238,000
.
Answer:
I am in 6th grade why am i in high school things.
Explanation:
Answer:
I need some more point and i do not understand your question
Explanation:
Answer:
Fuel efficiency for highway = 114.08 miles/gallon
Fuel efficiency for city = 98.79 miles/gallon
Explanation:
1 gallon = 3.7854 litres
1 mile = 1.6093 km
Let's first convert the efficiency to km/gallon:
48.5 km/litre = (48.5 * 3.7854) km/gallon
48.5 km/litre = 183.5919 km/gallon (highway)
42.0 km/litre = (42.0 * 3.7854) km/gallon
42.0 km/litre = 158.9868 km/gallon (city)
Next, we convert these to miles/gallon:
183.5919 km/gallon = (183.5919 / 1.6093) miles/gallon
183.5919 km/gallon = 114.08 miles/gallon (highway)
158.9868 km/gallon = (158.9868 /1.6093) miles/gallon
158.9868 km/gallon = 98.79 miles/gallon (city)