Answer:
The rate of return is 14%
Step-by-step explanation:
The rate of return can be determined by,
RR = x 100%
where:
RR is the rate of return
is the final amount = $690 - $6 = $684
is the initial amount = $15 x 40 = $ 600
So that,
RR = x 100%
= 0.14 x 100%
= 14%
Therefore, the rate of return is 14%.
Answer:
y=1
You can put equations in a graphing calculator if you aren't sure.
Part A : y=$0.75m+$4.50
Part B : $8.25
Answer:
he can be predicted to hit 16 balls
Step-by-step explanation:
because he missed 2 and hit 8, that's 10 balls, times that by 2 it is he missed 4 balls and hit 16, that's 20 balls
Use A = P (1 + r/n) ^(nt). Assuming that we're dealing with years here, n = 1, so we have
A = P (1 + r) ^(t), where r is the interest rate as a decimal fraction.
The investment decreases in value, so the common ratio r is (1.000-0.012), or 0.988.
Thus, A = $100,000* (0.988) ^25 = $73947.52 is the current value, after 25 years.