The answer to this equation would be 3.
The amount of money the person would have in 8 years s $2541.74.
<h3>How much would the person have in 8 years? </h3>
The formula for calculating future value is:
FV = P (1 + r)^nm]
Where:
FV = Future value
- P = Present value = $2000
- R = interest rate = 3% / 12 = 0.25%
- m = number of compounding = 12
- N = number of years = 8 years
Value of the account in 8 years with monthly compounding = $2000(1.0025)^(12 x 8) = $2541.74
To learn more about future value, please check: brainly.com/question/18760477
Answer:
x=4
Step-by-step explanation:
1. isolate the variable by subtracting 7 on both sides: 4x=23-7
2. simplify: 4x=16
3. divide both sides by 4: x=16/4
4. simplify: x=4
Answer: 256
Step-by-step explanation:
8x8=64
64x4=256
63 I think, you would subtract
