3 years ago

2m-7greater than or equal to 13-2m

1 answer:

7 0

$2m-7 \geq 13-2m \ \ |+2m\\ \\ 2m+2m-7 \geq 13-2m+2m \\ \\4m-7\geq 13 \ \ |+7 \\ \\4m-7 +7\geq 13+7\\ \\4m\geq 20 \ \ / :4 \\ \\ \frac{4}{4}\cdot m\geq \frac{20 }{4}\\ \\m\geq 5$

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Quotient of 66 and 3

Mamont248 [21]

Hi

66/3 = 22

66 |__3__
- 66 22
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00

Answer: 22

4 0

3 years ago

The XYZ company is seeing its value declining at a rate of 3.2% per year. If the current value is $2,300,000, what will the valu

slega [8]

Given that its value decreases by r = -3.2% (i.e decreasing means that the rate is negative) and that the current value of the company is P = 2,300,000.

The value of the company in n = 5 years is given by

$FV=P(1+r)^n \\ \\ =2,300,000(1-0.032)^5 \\ \\ =2,300,000(0.968)^5=2,300,000(0.8499) \\ \\ =\$1,954,810.81$