Answer:
The annual growth rate between 1985 and 2005 is 0.95%
The value of the house in the year 2010 is $152,018
Step-by-step explanation:
Let the annual growth rate = r
Value of the house in year 1985 = $120,000
Value of the house in year 2005 = $145,000
Time (t) = 2005 - 1985
= 20 years
A = P (1 + r)^t
145000 = 120000 (1 + r) ^20
(1 +r)^20 = 145000 / 120000
(1 +r)^20= 1.2083
(1 +r)^20= (1.2083)^1/20
(1 +r)^20= 1.0095
r = 1.0095 - 1
r = 0.0095
r% = 0.0095 x 100
= 0.95%
Value of the house in year 2010
=145000(1 + r)^5
=145000 (1 + 0.0095)^5
= 145000 x 1.0484
=$152,018
Answer:
Will earn $74.38 in interest or for the total $924.38 for the total amount accrued, principal plus interest
Step-by-step explanation:
I = p x rt
I = 850 x 0.035 x 2.5 = 74.38 (interest)
P' = p + I = 850 + 74.38 = 924.38
1. Distributive Property.
<span>4(3a + 7) + 3(2a + 5)
12a + 28 + 6a + 20
2. Combine like terms
12a + 28 + 6a + 20
18a +48
The equivalent expression is 18a + 48. If a = anything then the expressions will still be equivalent.
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Answer:
51+(4x+7)=90
4x+58=90
-58 -58
4x=32
4x/4=32/4
x=8
Step-by-step explanation:
