Answer
Given
Sean's house is currently worth $188,900.
According to a realtor, house prices in Sean's neighborhood will increase by 4.8% every year.
To prove
Formula

Where r is the rate in the decimal form.
As given


= 0.048
Put in the formula


Now also calculated monthly.
Formula

As given


= 0.048
Put in the formula



As the approximation quarterly growth rate of the value of sean's house is near the Compounded quarterly interest .
Thus Option (A) is correct.
i.e
The expression
reveals the approximate quarterly growth rate of the value of Sean's house.
Answer:
Solution of the given equations is (-5,2)
Step-by-step explanation:
We have been given the following system of equations:
y = (2/5)x + 4
y = 2x + 12
The solution of the system of equation can be found by finding the point of intersection of both lines on the graph. The graph of both equations is attached below.
As we can see that both the lines intersect each other at one point, and that point is (-5,2). So the solution of the given equations is (-5,2)
Answer:
The expectation of the policy until the person reaches 61 is of -$4.
Step-by-step explanation:
We have these following probabilities:
0.954 probability of a loss of $50.
1 - 0.954 = 0.046 probability of "earning" 1000 - 50 = $950.
Find the expectation of the policy until the person reaches 61.
Each outcome multiplied by it's probability, so:

The expectation of the policy until the person reaches 61 is of -$4.
Answer: estimate 7
exact: 6 7/15
Step-by-step explanation: for the estimate round 3 4/5 to 4 and 2 2/3 to 3 and 4 + 3 = 7
for the exact number convert 3 4/5 to 3 12/15
and convert 2 2/3 to 2 10 /15
then add 3 + 2 = 5
and 12/15 + 10/15 = 22/15
convert 22/15 to a mixed number which is 1 7/15
then 5 + 1 7/15
answer 6 7/15
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