100 POINTS+BRAINLIEST: Which made the government more profits, slavery or industrialization and factories?
PLEASE: Find The Ending Balence
1. $939 at 8% for 6 years
2. $823 at 3% for 9 years
3. $269 at 1# for 3 years
The ending balances of the following investments are as follows:
Investment 1 is $1,490.07.Investment 2 is $1,073.83.Investment 3 is $277.15.What is the future value?The future value refers to the present value compounded into the future at an interest rate.
The calculation of the future value can be done using the FV table or formula.
We can use an online finance calculator to determine the future value as below.
Data and Calculations:1. $939 at 8% for 6 years:
N (# of periods) = 6 years
I/Y (Interest per year) = 8%
PV (Present Value) = $939
PMT (Periodic Payment) = $0
Results:
FV = $1,490.07
Total Interest = $551.07
2. $823 at 3% for 9 years:
N (# of periods) = 9 years
I/Y (Interest per year) = 3%
PV (Present Value) =$823
PMT (Periodic Payment) =$0
Results:
FV = $1,073.83
Total Interest = $250.83
3. $269 at 1# for 3 years:
N (# of periods) = 3 years
I/Y (Interest per year) = 1%
PV (Present Value) = $269
PMT (Periodic Payment) =0
Results:
FV = $277.15
Total Interest = $8.15
Thus, the ending balances of the following investments are Investment 1 is $1,490.07, Investment 2 is $1,073.83, and Investment 3 is $277.15.
Learn more about determining future values at https://brainly.com/question/2798584
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In 1849, the discovery of gold caused the population of Sacramento, California to increase. Mining natural resources like gold affected western settlements by...
A. Increasing Individual Wealth.
B. Introducing child labor laws
C. Making the land inhabitable
D. Starting Industrialization
Answer:
D; California had started industrialization; helping a increase
**I am not sure either