Answer:
yes
Step-by-step explanation:
Answer:
if the annual interest rate is 7%, then you need to invest:
present value = future value / (1 + i)ⁿ
- future value = $2,200,000
- i = 7%
- n = 28 years
present value = $2,200,000 / (1 + 7%)²⁸ = $330,884.87
if the interest rate is 15%, the you need to deposit a smaller amount:
present value = future value / (1 + i)ⁿ
- future value = $2,200,000
- i = 15%
- n = 28 years
present value = $2,200,000 / (1 + 15%)²⁸ = $43,942.34
The slope (rise/run) aka 2 but since the line goes down its -2
Answer:
The answer in the procedure
Step-by-step explanation:
Let
A1 ------> the area of the first square painting
A2 ----> the area of the second square painting
D -----> the difference of the areas
we have


case 1) The area of the second square painting is greater than the area of the first square painting
The difference of the area of the paintings is equal to subtract the area of the first square painting from the area of the second square painting
D=A2-A1


case 2) The area of the first square painting is greater than the area of the second square painting
The difference of the area of the paintings is equal to subtract the area of the second square painting from the area of the first square painting
D=A1-A2


All you gotta do is multiply .7 by 100 which gives you 70
so subtract 70 from 100 which is 30
he had not completed 30% of his assignment
hope this helped :)