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Likurg_2 [28]
3 years ago
10

A tin of baked beans costs 42p. Its price increases by 9% over the next 12 months. How much

Mathematics
1 answer:
Talja [164]3 years ago
8 0

Answer:

46p

Step-by-step explanation:

42*1.09=45.78

45.78 rounded up is 46p

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An Impressionist painting increases in value
jok3333 [9.3K]

Answer:

A = $8406.6

Step-by-step explanation:

Given:

Average rate r=9\%

Initial cost of painting a = \$1500

Time t = 20\ years

We need to find the final amount of painting at the end of a 20-year.

Solution:

Using Exponential Growth rate formula as:

A = a(1+r)^t  ----------(1)

Where:

A = Final amount

a = Initial amount.

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Now, we substitute all given values in equation 1.

A = 1500(1+0.09)^{20}

A = 1500(1.09)^{20}

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A = 1500\times 5.60

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