Answer:
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Answer:
its c ! just took the test :)
Answer:
PV= $3,402.9
Step-by-step explanation:
Giving the following formula:
Future Vale (FV)= $5,000
Number of years (n) 5 years
Interest rate (i)= 8.5% compounded annually
<u>To calculate the initial investment (PV), we need to use the following formula:</u>
PV= FV / (1 + i)^n
PV= 5,000 / (1.085^5)
PV= $3,402.9
Answer:
w = -16
Step-by-step explanation:
w + (-2) = -18
-18 - (-2) = w = -16
w= -16
Check your work:
-16 + (-2) = -18
