You will receive $15000 i’m two years when you graduate. you plan to invest this at an annual interest rate of 6.5 percent. how much money will you have 8 years from now?

You will have $24 824.94 eight years from now.

The formula for the future value (FV) of her investment is

FV =C(1 + r)^n

where C = her initial cash

r = the interest rate

n = the number of years

FV = $15 000(1.065)^8 = $24 824.94

whole numbers.

step-by-step explanation:

we are given the average monthly rainfall (in millimeters) model r(m) for the years 1900-2009 as a function of the month number m.

as we can see m is taken for the number of months for years 1900-2009.

we know that number of months can't be a negative number or decimal number or a fraction.

so, the number of months could be only positive whole numbers.

therefore, whole numbers is more appropriate for the domain of r.