Answer:
140
Step-by-step explanation:
2000 divided by 7% will give you 140 hope it helps
Answer: 
Step-by-step explanation:
Given
Marcos purchased a sailboat for 
Each year the boat will decrease in value by 
After 1 year it is

after another year it becomes

After
years it is


Surface area = area of 3 rectangles + 2 triangles
= 3*(3*7) + 2 * ( 1/2 * 3 * 2.6)
= 63 + 2* 3.9
= 70.8 in^2
Answer:
14 3/4 years
Step-by-step explanation:
Let's assume compound inflation. The appropriate formula for that is:
A = P(1 + r)^t.
If we represent current prices by P, then double that would be 2P:
2P = P(1 + 0.048)^t Find t, the time required for prices to double.
Then:
2 = 1.048^t
Taking the natural log of both sides, we get:
ln 2 = t·ln 1.048, so that:
t = (ln 2) / (ln 1.048) = 14.78
At 4.8 inflation, with annual compounding, prices will double in approx. 14 3/4 years.