Answer
Given
Sean's house is currently worth $188,900.
According to a realtor, house prices in Sean's neighborhood will increase by 4.8% every year.
To prove
Formula

Where r is the rate in the decimal form.
As given


= 0.048
Put in the formula


Now also calculated monthly.
Formula

As given


= 0.048
Put in the formula



As the approximation quarterly growth rate of the value of sean's house is near the Compounded quarterly interest .
Thus Option (A) is correct.
i.e
The expression
reveals the approximate quarterly growth rate of the value of Sean's house.
Answer:
12
Step-by-step explanation:
The given geometric series is

We want to determine the first term of this geometric series.
Recall that the explicit formula is

To find the first term, we put n=1 to get:

This gives us:


Therefore the first term is 12
Answer: No. If two lines have the same slope they are parallel lines (or they are the same line), so they cannot intersect at one point. Because the triangles are congruent, the angles where the lines meet the x-axis are congruent. Because the lines form the same angle with the x-axis, they are parallel.
Step-by-step explanation:
Answer:
2 years
Step-by-step explanation:
13000 X 0.05 = 650
13000 - 650 = 12350 year 1
12350 X 0.05 =617.5
12350 - 617.5 =11732.5 year 2