The annual return percentages will be evaluated using the formula:
A=P(1+r/100)^n
where:
A=amount
P=principle
r=rate
n=time
a] A=$500, P=$400, n=1 years
500=400(1+r)^1
solving for r we shall obtain:
1.25=1+r
hence
r=1.25-1
r==0.25
annual rate of investment is 25%
b] A=2500+100=$2600, P=$ 2000, n=1 year
hence
2600=2000(1+r)^1
2600/2000=1+r
1.3=1+r
r=1.3-1
r=0.3
annual rate of investment is 30%
Answer:
192
Step-by-step explanation:
so basically when a problem like this is given out and you do not understand the question or just don't want to the best thing you can do is pick B
Answer:
-5/6=-5/-6=- 5/6
- 7/2=-7/-2=-7/2
Step-by-step explanation:
Answer:
24
Step-by-step explanation:
k = t - 5k
→ Substitute in k
4 = t - 20
→ Add 20 to both sides
24 = t
Recognize that both 0.96 and 0.144 are divisible by 12:
(0.96/12) / (0.144/12) = 0.08 / 0.012. This reduces to 0.02 / 0.003, or
20/3 or approx. 6.666.
You could also begin by eliminating the decimal fractions. Mult. 0.96 and 0.144 each by 1000 results in 960/144.
Since both 960 and 144 can be divided evenly by 24, we get 40 and 6.
40/6 = 20/3, or approx. 6.666, as before.
