Eric & Stephanie have $14,500 saved for a down payment on a home. What is the future value of their savings in five years if it is invested at 12% return?

FV = $25553.9544064  rounded off to  $25553.95

Explanation:

The future value of a cashflow or amount can be calculated using the following formula,

FV = PV * (1+r)^t

Where,

We know the values for PV, r and t. Plugging in these values in the formula above, we can calculate the future value to be,

FV = 14500 * (1+0.12)^5

FV = $25553.9544064  rounded off to  $25553.95

muslims control the north africa during the period of 1500 up

to 1800. they made a barrier to prevent further european exploration from

entering the africa from the north. however, the dutch ware still able to move

toward the interior with having south africa as one of the routes leading to

the east for trading with asia.

answer loneliness;