You will make 4 sales if you are making a sale between 3 and five because 4 is whats in between 3 and 5. If your are to compute you will make a sale of average 4 because the average of 3 and 4 is 5. Computed as 3+5/2=4.
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For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
F(-5) just means that your substituting the number -5 for every x value. So if you have x+1 this would be -5+1 which is -4
X=k*Y
K*Y=X
K=X/Y
K=20/5
K=4
For Y=3/2
X=k*3/2
X=4*3/2
X=6
