Answer:
0.8178
Step-by-step explanation:
To make a 13% decrease in a value, we need to make the difference between the value (X) and 13% of the value:
X - 13% of X = X - 0.13*X = 0.87*X
To make a 6% decrease, following the same method, we just need to multiply the value by (1-0.06) = 0.94
So, to represent in a single decimal value a decrease of 13% and then a decrease of 6%, we just need to multiply the value by 0.87 and then by 0.94:
X*0.87*0.94 = X*0.8178
So the single decimal multiplier is 0.8178
Step-by-step explanation:
12x - 66 +15 = 3x +12
12x -3x = 66 -15+12
9x = 63
x = 63/9
x = 7
Answer:
Answer for question (a) is choice C. $129,574,501,848
Answer for question (b) is choice B. $153,274,185,397
Step-by-step explanation:
P = $23
r = 6%
t = 377 years
<u />
<u>If the money were compounded quarterly amount invested would be:</u>
<u />
A = P(1 +
)^nt
A = $23(1 +
)^4(377)
A = $129,574,501,848
<u>If the money were compounded continuously amount invested would be:</u>
<u />
A = P × ![e^{rt}](https://tex.z-dn.net/?f=e%5E%7Brt%7D)
Where (e) is the Euler's constant
A = $23 × ![e^{0.06(377)}](https://tex.z-dn.net/?f=e%5E%7B0.06%28377%29%7D)
A = $153,274,185,397
Answer:
D
Step-by-step explanation: