HELP URGENT BRAINLY + 5 STAR RATING
2 answers:
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Answer:
$138,345
Step-by-step explanation:
This is a compound decline problem, which will be solve by the compound formula:
Where
F is the future value (value of house at 2030, 14 years from 2016)
P is the present value ($245,000)
r is the rate of decline, in decimal (r = 4% = 4/100 = 0.04)
t is the time in years (2016 to 2030 is 14 years, so t = 14)
We substitute the known values and find F:
Rounding it up, it will be worth around $138,345 at 2030
Answer:
r = 4.908
Step-by-step explanation:
V = 885
height (given in the picture) = 11.7
V = h
V = (3.14)()(h)
885 = (3.14)()(11.7)
885/3.14/11.7 =
Take the square root and you get 4.908.