Answer:
$7,596.43
Step-by-step explanation:
The cost of the college tuition is increasing 5% compounded annually for 5 years.
∴ A = P(1 + r%)ⁿ
where A = tuition fee after 5 years.
P = current tuition
r = rate of increase
n = period
A = $5,952(1 + 5%)⁵
= $5,952(1 + 0.05)⁵
= $5,952 × 1.05⁵
= $7,596.43
=
Answer:
Step-by-step explanation:
-2(11-12)=-4(1-6x) becomes -2(-1) = -4(1 - 6x)
Next, we divide both sides by -2, obtaining -1 = 2(1 - 6x), and then
-1 = 2 -12x, or
-3 = -12x
Simplifying this result, we get 1 = 4x, or x = 1/4
We conclude that -2(11-12)=-4(1-6x) has ONE solution, which is x = 1/4
Answer:
B. the more inelastic is the demand for the final product.
Explanation:
Inelastic demand occurs when demand rises by a lower percentage as compared to the percentage of the price drop.
Take for instance, if price drops by 10% and then demand only rises by 4%.
Now, the derived demand curve for a product component will be more inelastic when there's more rises by lower percentages of the final product than price drop. The more inelastic the demand for a product is, the more inelastic the demand derive curve will be.
132/2 = 66
66/2 = 33
33/3 = 11
11/11 = 1
132 = 2^2 * 3 * 11
55121/11 = 5011
5011/5011 = 1
55,121 = 11 * 5011
LCM = common factor with larger exponent * not common factors
LCM = 2^2 * 3 * 11 * 5011
LCM = 661,452
