Answer:
10% decrease
Step-by-step explanation:
The formula for percent change is:
Therefore, for this example:
The negative value indicates that the change was a decrease. Therefore, there was a 10% decrease.
Numbers that are close in value to the actual numbers.
Answer:
irrational number, nonrepeating decimal
Step-by-step explanation:
Answer:
FV= $123,879.85
Step-by-step explanation:
Giving the following information:
Montlhy deposit (A)= $100
Monthly interest rate (i)= 0.09/12= 0.0075
Number of periods (n)= 12*26= 312 months
<u>To calculate the future value, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {100*[(1.0075^312) - 1]} / 0.0075
FV= $123,879.85
Answer:
1. Multiply the value of the first variable by one of the original equations to solve for the second variable.
2. Solve for one of the variables.
3. Substitute the value of the known variable into one of the original equations to solve for the unknown variable.
Step-by-step explanation:
