Answer:
6.517%
Step-by-step explanation:
This is a multi-year investment and we are not working with a $1 initial investment. There is no mention of compounding so we will use formula A=P0⋅(1+r)N with A=$18,434 and P0=$14,320. We do not know the value of r. However, N=4 years. Substituting the values we have $18,434=$14,320⋅(1+r)4. Divide both sides of the equation by $14,320. Next, take the fourth root of both sides of the equation and subtract 1 to find the decimal form of r.
$18,4341.287291.065170.06517=$14,320⋅(1+r)4=(1+r)4=1+r=r
Finally, convert r to a percent.
r=0.06517×100%=6.517%
Answer:
Step-by-step explanation:
Answer: y= x-2
Step-by-step explanation:
Perpendicularity entails the slope of line a is -1 divided by the slope of line b
m1= (-1/m2)
From y=Mx +c
We compare with x-4y=7
y=(1/4)x-7/4
Meaning m2= 1/4
m1= -1/(1/4)= -1*4= -4
((y-y1)/(x-x1))= ((y2-y1)/(x2-x1))=m1
x1= 2, y1= -4
((y-(-4))/(x-2))= -4
((y+4)/(x-2))= -4
Cross multiply
y+4= -4(x-2)
y= x-2
Answer:
x=6
Step-by-step explanation:
We can write this as a ratio
x 9
---- = --------
10 15
Using cross products
15x = 10*9
15x = 90
Divide by 15
15x/15 = 90/15
x =6