Answer:
Height of tree 3 years ago: 24 inches
Height of tree now: 54 inches
54-24 = 30
The tree grew 30 inches in 3 years.
So on average it grew 10 INCHES PER YEAR.
Let me know if this helps!
Answer:
a. IT = 9.75 * X
b. GT = 4500 + 4.25 * X
c. G = 9.75 * X - 4500 - 4.25 * X
Step-by-step explanation:
With the data of the statement we can get a function. Let X be the number of pounds sold.
to. Monthly income
IT = 9.75 * X
b. Monthly expenses
GT = 4500 + 4.25 * X
c. Monthly Earnings (Monthly Income - Monthly Expenses)
G = 9.75 * X - (4500 + 4.25 * X)
G = 9.75 * X - 4500 - 4.25 * X
Answer: step one is correct and the second step is incorrect
Step-by-step explanation:
The investment with the bigger return is investment B.
<h3>What is simple interest and compound interest?</h3>
Simple interest rate is the interest that is paid only on the principal portion of a loan. This means that the debtor does not pays interest on the interest rate already accrued. This differs from compound interest where the debt holder pays interest on the principal and the interest rate already accrued
<h3>What is the compound interest?</h3>
The formula for calculating future value:
FV = P (1 + r)^n
- FV = Future value
- P = Present value
- R = interest rate
- N = number of years
2000 x (1.06)^12 = $4024.39
Compound interest = $4024.39 - $2000 = $2024.39
<h3>What is the simple interest? </h3>
Simple interest = principal x time x interest rate
2000 x 0.08 x 12 = $1920
To learn more about future value, please check: brainly.com/question/18760477
