Answer:
the answer of y=-1×1+4 is y=3
This is an exponential equation with a starting value of 12000 and an increase of 15% each years.
The following are true:
C. Each year, it increases by 15%
E. The painting's value was 12,000 at the time is was sold.
1) The accumulated amount after six years and the total interest that Trevor will receive if the interest rate is 4.5% per annum simple interest after 6 years are <u>R25,400</u> and <u>R5,400</u> respectively.
2) The accumulated amount after six years and the total interest that Trevor will receive if the interest rate is 4.5% per annum compound interest after 6 years are<u> R26,045.20</u> and <u>R6,045.20</u> respectively.
<h3>Data and Calculations:</h3><h3>Simple Interest:</h3>
Principal = R20,000
Investment period = 6 years
Interest rate = 4.5%
Simple interest for 6 years = R5,400 ($20,000 x 6 x 4.5%)
Principal + Interest = R25,400 (R20,000 + R5,400)
<h3>Compound Interest:</h3>
Principal = R20,000
Investment period = 6 years
Interest rate = 4.5%
N (# of periods) = 6 years
I/Y (Interest per year) = 4.5%
PV (Present Value) = R20,000
PMT (Periodic Payment) = R0
<u>Results</u>:
FV = R26,045.20
Total Interest = R6,045.2
Learn more about simple and compound interests at brainly.com/question/3575751
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<u><em>0.00266666667</em></u> m / min.
Answer:
18 machines
Step-by-step explanation:
9 machines give 24 mins... You need to reduce the time by half by adding using double the machines..
So 9×2=18