1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Inessa05 [86]
3 years ago
13

A coin had a value of $1.17 in 1995. Its value has been increasing at 9% per year. What is the value after 5 years?

Mathematics
1 answer:
ziro4ka [17]3 years ago
5 0

P = P₀ (1 + r)ⁿ

  = 1.17(1 + 0.09)⁵

  = 1.17(1.09)⁵

  = 1.17(1.5386)

  = 1.80

Answer: $1.80

Note: If you don't know the formula, you could calculate each year.

Year 0: $1.17

Year 1: $1.17 + $1.17(0.09)  = $1.2753

Year 2: $1.28 + $1.28(0.09)  = $1.3948

Year 3: $1.39 + $1.39(0.09)  = $1.5155

Year 4: $1.51 + $1.51(0.09)  = $1.6464

Year 5: $1.65 + $1.65(0.09)  = $1.7982   <em>which rounds up to $1.80</em>

You might be interested in
Rolf spent 15 hours last week practicing his saxophone. If 3/10 of the time was spent practicing warm-up routines, how much time
rusak2 [61]

Answer:

(3/10)*15= 9/2= 4.5 hours practicing warm up routines

5 0
3 years ago
Please answer this correctly without making mistakes
slava [35]

Answer:

the answser is 8%.

8 0
3 years ago
Read 2 more answers
What is the slope of the shown picture?
elena55 [62]

Answer:

B. 2 is your answer

Step-by-step explanation:

You will use the slope formula to find the slope of the equation.

(3, 7) and (-2, -3) will be used.

7 and -3 are your y's. 3 and -2 are your x's.

(7 - (-3))/(3 - (-2)) = 10/5 = 2

B. 2 is your answer

5 0
3 years ago
Read 2 more answers
Write four and twenty-six thousandths in standard form
juin [17]

426,000 * 10^-4. You can go use a standard form calculator. and if you don't have a physical one, you can use one online.

6 0
3 years ago
Write the quadratic formula y=x^2-6x+7 in vertex form.
sp2606 [1]

Answer:

Step-by-step explanation:

Start like this: x^2 - 6x = -7. Now you have the x terms on one side and the constant on the other. Take half the linear term (-6x) which is 3 and then square that (9) and add it to both sides, giving you x^2 - 6x + 9 = -7+ 9, or x^2 - 6x + 9 = 2. Now make the left side into the perfect square binomial you created by completing the square: (x-3)^2 = 2, and then move the 2 over to get: (x-3)^2 - 2. That's the vertex form for a parabola with a vertex at (3, -2)

7 0
3 years ago
Other questions:
  • Which of the following is a factor of 3xy + 3y − 5x − 5?
    15·2 answers
  • Each month for 6 months, kelsey completes 5 paintings. How many more paintings does she need to complete before she has complete
    9·1 answer
  • !!!WILL GIVE BRANLIEST ASAP!!!
    5·1 answer
  • 28/210 in simplest form
    12·1 answer
  • Write the terms a 1a1​, a 2a2​, a 3a3​, and a 4a4 of the following sequence. If the sequence appears to​ converge, make a conjec
    6·1 answer
  • Easy question!!! Find the value of x. The diagram is not to scale. <br> 32<br> 50<br> 64<br> 80
    6·2 answers
  • FOIL backwards #5 please &amp; thank you :)
    12·2 answers
  • Which postulate proves the two
    9·1 answer
  • Question : -2(3)(-11)
    6·2 answers
  • Can someone help me with this
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!