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JulijaS [17]
3 years ago
10

How much would $200 invested at 6% interest compounded annually be worth after 5 years? Round your answer to the nearest cent. A

. $269.97 B. $260.00 C. $212.29 D. $267.65
Mathematics
1 answer:
Liula [17]3 years ago
8 0
Exponential growth, which acts just like a geometric sequence equation, is of the form:

f=ir^t, f=final amount, i=initial amount, r=common ratio (or "rate"), t=times rate is applied, in this case:

f=200(1.06^t) so

f(5)=200(1.06^5)

f(5)≈$267.65  (to nearest cent)
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A triangle has the coordinates of A (1,2), B (4,6), and C (4,-3). If the triangle is translated 2 units right, what are the new
yaroslaw [1]

A'(3, 2 ), B'(6, 6 ),C'(6, - 3 )

A translation of 2 units right is equivalent to adding 2 to the x- coordinate with no change to the y- coordinate.

A(1, 2 ) → A'(1 + 2, 2 ) → A'(3, 2 )

B(4, 6 ) → B'( 4 + 2, 6 ) → B'(6, 6 )

C(4, - 3 ) → B'(4 + 2, - 3 ) → B'(6, - 3 )


8 0
3 years ago
(1.3 x 10-2) (0.05) = ?
Alik [6]

Answer:

=0.065x10−0.1

Step-by-step explanation:

(1.3x10−2)(0.05)

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=(1.3x10)(0.05)+(−2)(0.05)

=0.065x10−0.1

7 0
3 years ago
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A car was valued at $44,000 in the year 1993. The value depreciates to $15,000 by year 2002.
almond37 [142]

Answer:

The car will have lost it's total value by 2007.

Step-by-step explanation:

If initially the car was valued at 44,000$, and after 9 years it's value dropped to 15,000$, we can say that the car's value dropped in 29,000$. If we suppose that the drop is the same every year, we can say that it was of 3,222,2$ by each year.

This amount of money is the 7,3% of the initial value of the car (I multiplied 3,222,2 x 100 : 44,000).

a) The annual rate of change was of 7,3%.

b) There are 14 years between 1993 and 2007. If we multiply 7,3% by 14, we get that the car lost 102,2% of it's initial value.

8 0
3 years ago
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dimulka [17.4K]

Answer:

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Step-by-step explanation:

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It is determined as the depreciable value of the asset over the estimated useful life of the asset where the depreciable value is the difference between the cost and salvage value of the asset

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Depreciation = (Cost - Salvage value)/Estimated useful life

Depreciation

= ($212,000 - $14,000)/15

= $198,000/15

= $13,200

7 0
3 years ago
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nexus9112 [7]

Answer:

8

Step-by-step explanation:

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3 0
3 years ago
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