Answer:
x=8
Step-by-step explanation:
x=5+3
= 8
Answer:
FV= $2,041.29
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $1,500
Number of periods (n)= 7 years
Interest rate (i)= 4.5% = 0.045
<u>To calculate the future value, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 1,500*(1.045^7)
FV= $2,041.29
Answer:
dsg
Step-by-step explanation:
Answer:
x = 15.65
y = 3.5
Step-by-step explanation:
Step 1
Find the equation for x and y
Equation for x is given as
x² = 7( 7+28) ..........Equation 1
14(14 + y) = x²........ Equation 2
Solving for Equation 1
x² = 7( 7+28)
x² = 7(35)
x² = 245
x = √245
x = 15.65
From Equation 1 , x² has been determined to be 245
Therefore we substitute 245 for y in Equation 2
14(14 + y) = x²........ Equation 2
14(14 + y) = 245
196 + 14y = 245
14y = 245 - 196
14y = 49
y = 49 ÷ 14
y = 3.5
