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myrep12
25.08.2019 •
Mathematics
Solve for x and y in the following set of equation
6x+5xy-5y=8
x+y=3
this is important
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Ответ:
STEP 2:
STEP 3:
This means that...
STEP 4:
Which means that...
Which means that...
Which means that...
STEP 5:
When:
.........
STEP 6:
When :
...........
Ответ:
FV= $11,156.94
Step-by-step explanation:
Giving the following information:
Initial investment (PV)= $7,000
Number of periods (n)= 8 years
Interest rate (i)= 6% compounded annually
To calculate the future value (FV), we need to use the following formula:
FV= PV*(1 + i)^n
FV= 7,000*(1.06^8)
FV= $11,156.94