Answer:
n= 11.65 years
Step-by-step explanation:
Giving the following information:
Present Value (PV)= $33,000
Future Value (FV)= $15,000
Decrease rate (d)= 7%
<u>To calculate the number of years it will take to reach $15,000; we need to use the following formula:</u>
<u></u>
n= ln(FV/PV) / ln(1+d)
n= ln(15,000/33,000) / ln(1.07)
n= 11.65 years
Answer:
Its going to be a line going straight across the 4 along the y axis .
Step-by-step explanation:
See graph attached
Answer:
507,409
Step-by-step explanation:
if every 5 days the number quadruples (x4), and we want to know how many acorns fall after 30 days, we can divide 30 by 5 so we only have to calculate for the amount of time the take to quadruple.
30 ÷ 5 = 6
so we only have to quadruple the acorns 6 times.
if we start off with 124 acorns, this is what it will look like:
Day 0: 124 acorns
Day 5: 124 x 4 = 496 acorns
Day 10: 496 x 4 = 1984 acorns
Day 15: 1984 x 4 = 7936 acorns
etc... until day 30.
Day 30: 507904 acorns
I hope this was helpful :-)
First, we need to know how much profit in dollar value by this method
profit = percentage × whole price
Plug in the numbers to the formula above
profit = percentage × whole price
profit = 40% × 25
profit = 0.40 × 25
profit = 10
The profit Daniel gets is $10
Second, add the original price and the profit together and you'll find the new price.
new price = original price + profit
new price = $25 + $10
new price = $35
Daniel sold the computer game for $35
Answer:
A and B
Step-by-step explanation:
