Answer:
A) The annual multiplier was 1.0339; the annual increase was 0.0339 of the value.
B) 3.39% per year
C) $182,000
Step-by-step explanation:
A) Let's let t represent years since 1987. Then we can fill in the numbers and solve for r.
165000 = 100000(1 +r)^15
1.65^(1/15) = 1 +r . . . . . divide by 100,000; take the 15th root
1.03394855265 -1 = r ≈ 0.0339
The value was multiplied by about 1.0339 each year.
__
B) The value increased by about 3.39% per year.
__
C) S = $100,000(1.03394855265)^18 ≈ $182,000
Answer:
D. –5.2 + (–6.4) = –11.6
Step-by-step explanation:
First, you can eliminate A and C because 5.2 is positive. Since the red arrow is pointing left, it indicates that the number (-5.2) is negative.
Then, you look at the second arrow, the green one. It is pointing left, so it would be -6.4.
I hope this helps :)
I'd say 88.5 because 12 divided by 1062 is 88.5 therefor thats how many boxes youd need.
