The worth of the collectible car in five years if its value is going up by 10% every year would be $46,704.79
<h3>What is the worth of the car?</h3>
If the value of the collectible car is increasing with time, it is said that the collectible car is appreciating in value.
The formula for calculating future value with appreciation:
FV = P (1 + r)^n
- FV = Future value
- P = Present value
- R = interest rate
- N = number of years
$29,000(1.1^5) = $46,704.79
To learn more about future value, please check: brainly.com/question/18760477
Answer:
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Step-by-step explanation:
Answer:
Step-by-step explanation:
Given expression is,

To prove this identity we will take the right side of the identity,


![=\frac{1}{2}[\frac{2(1-\text{tan}^2\frac{A}{2})}{2tan\frac{A}{2}}]](https://tex.z-dn.net/?f=%3D%5Cfrac%7B1%7D%7B2%7D%5B%5Cfrac%7B2%281-%5Ctext%7Btan%7D%5E2%5Cfrac%7BA%7D%7B2%7D%29%7D%7B2tan%5Cfrac%7BA%7D%7B2%7D%7D%5D)
[Since
]
= cot A
Hence right side of the equation is equal to the left side of the equation.
The months that gained income is June, July, and August. The amount of money gained for June is $306.77 the amount gained for July is $301.5 and the amount of money gained for August is $337.88. Hope this helped!!