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shaylawaldo11
29.01.2020 •
Mathematics
The function f(x) varies directly with x and f(x)=250 when x=50
what is f(x) when x=5
10
15
25
50
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Ответ:
$3,485.48
Step-by-step explanation:
For computing the money required at the end of the account term we need to apply the Future value formula i.e be to shown in the attachment below:
Given that,
Present value = $3,000
Rate of interest = 3% ÷ 365 days = 0.00821917
NPER = 5 years × 365 days = 1,825
PMT = $0
The formula is shown below:
= FV(Rate;NPER;PMT;PV;type)
So, after applying the above formula
the amount of future value is $3,485.48