Answer:
Interest rate is about 12.246%
The initial deposit doesn't matter because when you divide both sides by the initial deposit you're always left with (1+i)ⁿ=2
Step-by-step explanation:
![4000(1+i)^6=8000\\(1+i)^6=2\\1+i=\sqrt[6]{2} \\1+i=1.122462048\\i=.12246](https://tex.z-dn.net/?f=4000%281%2Bi%29%5E6%3D8000%5C%5C%281%2Bi%29%5E6%3D2%5C%5C1%2Bi%3D%5Csqrt%5B6%5D%7B2%7D%20%5C%5C1%2Bi%3D1.122462048%5C%5Ci%3D.12246)
Answer: 28
Step-by-step explanation:
4*7=28
Put a point on -3 on y-axis and graph a straight line that is parallel to x-axis then color under the line because -3 is greater :)))
i hope this is helpful
have a nice day
Answer:
see below
Step-by-step explanation:
Take the original value times the appreciation and add the original value
Do this for each year
House A
year 1:
new value = 125260+ 125260* .05
=125260 +6263
=131523
year 2:
new value = 131523+131523* .05
131523+6576.15
138099.15
Nearest dollar 138099
House B
year 1:
new value = 120160+ 120160* .06
=120160 +7209.60
=127369.6
year 2:
new value = 127369.60+127369.6* .05
127369.60+7642.18
135011.78
Nearest dollar 135012
Answer:
64 : 729
Step-by-step explanation:
Ratio of surface area
= (ratio of linear dimensions) ^2
= 1.6^2 : 5.4^2
= 256 : 2916
= 64 : 729