Answer:
3
Step-by-step explanation:
Circumference =
, where r is radius, and d is diameter
d=113/3.14=35.987, which is approximately 36
At 12 yards per hour, it will take 36/12=3 hours
Log(2)/log(1.064) ≈ 11.17 . . . . hours
_____
The population can be given by
p(n) = p₀×1.064ⁿ . . . . where n is the number of hours
You want to find n whe p(n) = 2*p₀.
2p₀ = p₀×1.064ⁿ . . . . . . . . . . . . substitute the given information
2 = 1.064ⁿ . . . . . . . . . . . . . . . . . divide by p₀
log(2) = n×log(1.064) . . . . . . . . take logs to make it a linear equation
log(2)/log(1.064) = n . . . . . . . . divide by the coefficient of n
The budget is $44000
Total spent so far is $10000 + $8500 = $18500
The amount left to spend = 44000 - 18500 = $25500
$25500 is the maximum 6% commission that Lastima Nelson Inc. can spend and stays within the budget
Let the maximum price of the home be

This value of

will be the 100% before the 6% commission is calculated of it.
6% of

is 25500
1% of

is 25500 ÷ 6 = $4250
100% of

is 4250 × 100 = $425,000
So, the maximum value of the home is $425,000