Answer:
y=18.5x
Step-by-step explanation:
74-55.5=18.50
92.50-74=18.50
111-92.5=18.50
(3,55.50)
y=18.5x +b
55.50=18.5(3)+b
55.50=55.50+b
b=0
Answer:
$119520
Step-by-step explanation:
Given: Purchase price of Diamond ring= $12000
Value of ring increase by 32% each year.
First finding number of year between 2012 and 2040, to know the time period of value appreciation.
Time period=
∴ Time period of value appreciation is 28 years.
Now, finding the value of diamond ring increased after 28 years.
Value of ring increased after 28 years=
∴ Increased value of diamond ring after 28 years= $107520
Next, Value of diamond ring after 28 years=
Hence, value of diamond ring in 2040 is $119520
Your answer should be 60%, but I'm not sure.
(edited)
Answer:
120
Step-by-step explanation: