The annual returns will be calculated as follows:
a] Here we use the formula:
A=p(1+r/100)^n
A=future amount
p=principle
r=returns
n=time
We are given:
A=500, p=400, t=1
Plugging the values in the formula we obtain:
500=400(1+r)^1
simplifying and solving for r:
1.25=1+r
thus
r=1.25-1
r=0.25~25%
b] Using the formula above:
A=p(1+r/100)^n
A=2500+100=2600, p=2000, n=1 year
plugging the values in the equation we obtain:
2600=2000(1+r)^1
simplifying and solving for r we obtain:
2600/2000=1+r
1.3=1+r
hence
r=1.3-1
r=0.3~30%
52 is the answer. I just multiplied 13x4
Answer:
$5473 and it will take 1 day.
Step-by-step explanation:
You can add side by side until their the same answer.
As you can see they both have the same amount of money in their retirement account after one day and they have the same total of $5473.
To find the answer multiply $175 by 0.2. This will give you $35. Now, you have to subtract $175 by $35. Therefore, the sale price will be $140.
Answer:
y ≤ One-thirdx – 4
Step-by-step explanation:
The key hint to know this answer is to understand that the line cuts the y-axis at -4. And, we can know that y is less than or equal to (≤) 1/3x-4 for the shaded area to the RIGHT of the line, telling us that y exists for all values from -4 and under.