How much money, as one-time deposit, pv, would you need to deposit into an account that earns 1.5% compounded monthly to earn a future value, fv, of $7,500 in three years? this amount can be found by using algebra to rearrange the function, fv=pv(1+rn)(ny), so that fv becomes an input variable and pv becomes the output variable. pv=fv(1+rn)(−ny)

Scenario: you have advised the owner of bond's gym that the best thing to do would be to raise the price of a monthly membership. the owner wants to know what may happen once this price increase goes into effect. what will most likely occur after the price of a monthly membership increases? check all that apply. current members will pay more per month. the quantity demanded for memberships will decrease. the number of available memberships will increase. the owner will make more money. bond's gym will receive more membership applications.