Amount must the owner make to have the cost of the ski lift in 5 years is $6,711,045.22.
<h3>
What is compound interest?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.
A = P(1 + r/n)
P =5,500,000
r =4%= 0.004
n =4
t= 5 years.
Now,
A = P(1 + r/n)
A = 5,500,000.00(1 + 0.04/4)
A = 5,500,000.00(1 + 0.01)
A = $6,711,045.22
Hence, The total amount accrued is $6,711,045.22.
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Answer:
wait what?? lol i dont get this question-
Answer:
2xm
Step-by-step explanation:
lines with undefined slope are vertical
equation are in form of x constant
through the points ( 3 , -4)
the line is x=3
Answer:
Step-by-step explanation: A GENERAL NOTE: VERTICAL STRETCHES AND COMPRESSIONS
Given a function a new function where is a constant, is a vertical stretch or vertical compression of the function
, then the graph will be stretched., then the graph
, then there will be combination of a vertical stretch or compression with a vertical reflection.HOW TO: GIVEN A FUNCTION, GRAPH ITS VERTICAL STRETCH.Identify the value of Multiply all range values by the graph is stretched by a factor of the graph is compressed by a factor of
, the graph is either stretched or compressed and also reflected about the
EXAMPLE: GRAPHING A VERTICAL STRETCHmodels the number of fruit flies in a population over time, and is graphed below.A scientist is comparing this population to another population, whose growth follows the same pattern, but is twice as large. Sketch a graph of this population.Graph to represent the growth of the population of fruit flies.
Also if you need help here is where i found the info- Lumen learning-
hope this helped :D
