1. Multiply the value of the house by the percent:
250,000 x 0.9 = 225,000
Divide the amount the owner insured by the clause amount:
191,250/225,000 = 0.85
Multiply that by the amount of damage:
0.85 x 80,000 = 68,000
They will receive $68,000
2. Follow the same steps as above:
180,000 x 0.75 = 135,000
101,250 / 135,000 = 0.75
0.75 x 50,000 = 37,500
They will receive $37,500
Answer:
False
Step-by-step explanation:
They don't look alike
Answer: The other side is 12 cm.
Step-by-step explanation:
Answer:
C. the initial number of club members, in hundreds
Step-by-step explanation:
The general form of such an expression is ...
(initial value)×(growth factor per period)^(number of periods)
The use of 12 in the exponent suggests that the growth factor of 1.02 is an annual factor. If that is the case, for t months, the membership should be modeled as ...
1.8(1.02^(t/12))
_____
As written, the expression is not an exponential expression. With appropriate parentheses, it might be a good model if t is the number of <em>years</em> (not <em>months</em>), and if the expected growth rate is 2% per month.
1.8(1.02^(12t))
Answer:
<h2>
$1344.9</h2>
Step-by-step explanation:
This problem can be solved using the compound interest formula
Given data
A, final amount =?
P, principal = $586
rate, r= 6.6% = 0.066
Time, t= 13 years
Substituting our values into the expression we have
To the nearest cent the in 13 years the CD will be worth $1344.9
