Answer:
Future Value= $5,886.13
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $5,425
Number of periods (n)= 1 year
Interest rate (i)= 8.5% = 0.085
<u>To calculate the future value after one year, we need to use the following formula:</u>
<u></u>
FV= PV*(1+i)^n
FV= 5,425*(1.085^1)
FV= $5,886.13
Answer:
4 pounds of milk of 2 and cereal 6 pounds who knows what grade of work this is
Answer:
Step-by-step explanation:
Given that , the sum of the first nine terms of an arithmetic series is 162 and the sum of the first 12 terms is 288.
<h3>
<u>Related</u><u> </u><u>Infor</u><u>mation</u><u> </u><u>:</u><u>-</u><u> </u></h3>
• The sum of n terms of an AP is
• nth term of an AP is given by ,
Y = mx + c
y = 2x + c
When x = 5 and y = 0,
0 = 2(5) + c
c = -10
y = 2x - 10