Given conditions are :
In 1980's, a typical middle-income household earned= $34,757
In 2009, a similar middle-income household earned= $38,550
And we have to find relative increase in income for these households from 1980 to 2009.
So first we will find the total increase in amounts.
Relative increase = 
= 10.91% or rounding it off we get approx 11%.
Hence, the answer is 11%.
The formula is
A=p (1+r)^t
A future value 7300
P present value 1500
R interest rate 0.0675
T time?
7300=1500 (1+0.0675)^t
Solve for t
Divide both sides by 1500
7300/1500=1.0675^t
Take the log for both sides
Log (7300/1500)=t×log (1.0675)
Divide both sides by log (1.0675)
T=log(7,300÷1,500)÷log(1.0675)
T=24.2 years round your answer to get 24 years
Hope it helps!
Since the number before the number in the tenth place (7) is greater than 5 (8), you will be rounding up. So your answer is 9.80
Answer:
about 10
Step-by-step explanation:
62.8 = 2 pi r/2
62.8/2 = pi r
31.4/pi = pi r/pi
about 10 = r
Answer: Pt1= Only x=5
Pt2=Is not x=5 is an extraneous solution though I believe It is x=-2 is an extraneous solution
Step-by-step explanation:
