The nominal value - without discounting the inflation rate - of income was $ 3000.
If the interest rate was 6%, a rule of three is enough to find the value of the original investment.
3000 - 6%
x - 100%
x = 50,000
The value of the investment was $ 50,000
In this case, the inflation rate also requires a simple calculation.
Inflation corroded $ 1000 dollars of income of $ 3000
Therefore the inflation rate will be 1000/3000 = 33.3%
do you want to know what "r" stands for
The number of shoppers is an illustration of an exponential function.
The expression for the number of shoppers is:
The given parameters are:
<em /><em> -- the number of shoppers on the first day of business</em>
<em /><em> --- the rate</em>
<em />
Because, the number of shoppers <em>increases each day</em>, the number of shopper on a certain day is:
Substitute 15% for r
Express percentage as decimal
Substitute 150 for a
Hence, the expression for the number of shoppers is:
Read more about exponential functions at:
brainly.com/question/11487261
Answer: 103.75
Step-by-step explanation: hope this helps!
Answer:
well i do not know and would not know what those ovals are or whatever they are but the dude before is right .
Step-by-step explanation: