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Answer:
A) The annual multiplier was 1.0339; the annual increase was 0.0339 of the value.
B) 3.39% per year
C) $182,000
Step-by-step explanation:
A) Let's let t represent years since 1987. Then we can fill in the numbers and solve for r.
165000 = 100000(1 +r)^15
1.65^(1/15) = 1 +r . . . . . divide by 100,000; take the 15th root
1.03394855265 -1 = r ≈ 0.0339
The value was multiplied by about 1.0339 each year.
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B) The value increased by about 3.39% per year.
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C) S = $100,000(1.03394855265)^18 ≈ $182,000
Answer:
$12.15/3
3 games
$4.05
It would cost $4.05 per game.
Step-by-step explanation:
The answer you are looking for is TRUE, the third option. The function of a solution is to prove that the values of the variables are true. Hope this is useful for you
14 divided by 10.5 is 1.3333 that goes on and on never stops.