The factor of the expression using linear interpolation is 1139.66
The linear interpolation is the used to estimate the value of a function between any two known values.
The linear interpolation is given as:
F/P, 23%, 34
The factor is then calculated as:
[tex]Factor = (1 + 23\%)^{34}[/tex]
Express 23% as decimal
[tex]Factor = (1 + 0.23)^{34}[/tex]
Take the sum of 1 and 0.23
[tex]Factor = (1.23)^{34}[/tex]
Evaluate the exponent
[tex]Factor = 1139.66[/tex]
Hence, the factor of the expression using linear interpolation is 1139.66
Read more about linear interpolation at:
https://brainly.com/question/26174346
