Answer:
1/3
Step-by-step explanation:
The slope of the line is found by
m = (y2-y1)/(x2-x1)
we have two point ( 0,0) and ( 3,1)
= ( 1-0)/( 3-0)
= 1/3
Is there a picture or something that could at least tell us what is your question
I believe it's b.
Hope this helped!
Answer:
FV= $21,038.28
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $15,000
Interest rate (i)= 7% compounded annually
Number of periods (n)= 5
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 15,000*(1.07^5)
FV= $21,038.28
