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

i think there was a typo. you wrote pat brings 3 quarts of ice-cream to the party. each serving of ice-cream is 1 6 quart. how many total servings of ice-cream does pat bring to the party? i think the bold is supposed to be 1/6. so 1 quart of ice cream = 6 servings. 6 * 3 = 18.