The profit to be made when she sells the house is $103,800.
The first step is to determine the value of Tammy's house in 13 years. The formula to be used is:
- FV = P (1 + r)^n
- FV = Future value
- P = Present value
- R = interest rate
- N = number of years
$184,000 x (1.035)^13 = $287,767.92
Profit = value of the house in 13 years - cost of the house
$287,767.92 - $184,000 = 103,767 = $103,800
To learn more about future value, please check: brainly.com/question/18760477
Answer:
(the second option)
Step-by-step explanation:
Hope this helps!
Answer:
240
Step-by-step explanation:
The length is 20 and the width is 12 so you just multiply 20 and 12 together which is 240
Answer:
A
Step-by-step explanation:
I assume that this 'something' has a rectangular shape. If its width is 5m, than the length of two sides is 2 * 5 = 10m. Now if the perimeter is 22 square meters, then the lenght of another two sides is 12 / 2 = 6.
12 because 22 (the perimeter) - 10 (lenght of the 2 sides) = 12 (length of another 2 sides).