Answer:
r = 51.96 inches
Step-by-step explanation:
Answer:
Step-by-step explanation:
The formula for the future value (FV) of an investment earning compound interest is
where
PV = the present value (PV) of the money invested
r = the annual interest rate expressed as a decimal fraction
t = the time in years
n = the number of compounding periods per year
Data:
FV = $7100
r = 8 % = 0.08
t = 7 yr
n = 2
Calculation:
Answer:
od I'd the correct answer
Answer: A
Step-by-step explanation: