To determine the future value of an initial amount of $845 at an interest rate of 11.3% over 7 years, we will utilize the compound interest formula, which is expressed as:
A=p(1+r/100)^n
where:
A=future value
r=rate=11.3%=0.113
time=7 years
Hence, the future value of the capital will be:
A=845(1+0.113)^7
A=845(1.113)^7
A=$1,787.82
The telescope’s cost is $91
4.55 divided by 5% (0.05) equals 91.
The y-intercept is now 12.5, and the slope has increased to 0.5625. After the policy adjustment, an additional $5 was included, followed by multiplying the total amount by 1.25.
La respuesta es 4,13 al problema.
