Answer:
The number of years needed is 15.75 years.
Step-by-step explanation:
The investment amount (present value) = $200
Interest rate =4.5%
Double of investment = $400
Now we have to find the time or number of years in which the investment amount will be doubled. So, just use the below formula to find the number of years.
Future value = present value ×(1+interest rate)^n
400 = 200×(1+4.5%)^n
N = 15.75 years
The number of years required to double the amount is 15.75 years.
Answer:
3rd option (not regular)
Step-by-step explanation:
all the other options are not true
Answer:
1a. 495 miles. 1b. 184.8 miles. 2a. 68 km. 2b. 32 kg
Step-by-step explanation:
Answer:
Step 1: Define Desired Outcomes and Actions. ...
Step 2: Endorse the Process. ...
Step 4: Develop Alternatives or Options. ...
Step 5: Evaluate, Select, and Refine Alternative or Option. ...
Step 6: Finalize Documentation and Evaluate the Process.
Step-by-step explanation:
Answer: The manager should sell the chair for $1740.
Step-by-step explanation:
45% of 1200 Solve this to find the amount increase
0.45 * 1200 = 540 Now add this amount to find the price.
$1200 + $540 = $1740
or you could do it this way
100% + 45% = 145%
145% of 1200 =?
1.45 * 1200 = 1740