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sladkih [1.3K]
3 years ago
14

Tamara purchased a building for $114,750. The land appreciates about 2.3% each year. What is the value of the land after 11 year

s?
Mathematics
2 answers:
V125BC [204]3 years ago
6 0

Answer: $147,361.71

Step-by-step explanation:

The exponential growth function is given by :-

y=A(1+r)^x, where A is the initial value , r is the rate of growth and  x is the time period.

Given : Tamara purchased a building for $114,750. The land appreciates about 2.3% each year.

i.e. A = $114,750 and r = 2.3%=0.023

Put The value of A and r in the above function, we get

y=114750(1.023)^x

Now, the value of the land after 11 years is given by :-

y=114750(1.023)^{11}=114750\times1.28419794565\\\\=147361.714263\approx147361.71

Hence, the value of the land after 11 years  = $147,361.71

weeeeeb [17]3 years ago
3 0
The value of the land after 11 years will be $2,903,175.
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Sam bought an $85.00 for 40% of the regular price.How much did he pay for the jacket?
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The computer center at Dong-A University has been experiencing computer down time. Let us assume that the trials of an associate
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(a)0.16

(b)0.588

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Step-by-step explanation:

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(a)

P^1=\left(\begin{array}{c|cc}&$Running&$Down\\---&---&---\\$Running&0.90&0.10\\$Down&0.30&0.70\end{array}\right)

P^2=\begin{pmatrix}0.84&0.16\\ 0.48&0.52\end{pmatrix}

If the system is initially running, the probability of the system being down in the next hour of operation is the (a_{12})th$ entry of the P^2$ matrix.

The probability of the system being down in the next hour of operation = 0.16

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Since we have two states, S=[s_1$  s_2]

[s_1$  s_2]\left(\begin{array}{ccc}0.90&0.10\\0.30&0.70\end{array}\right)=[s_1$  s_2]

Using a calculator to raise matrix P to large numbers, we find that the value of P^k approaches [0.75 0.25]:

Furthermore,

[0.75$  0.25]\left(\begin{array}{ccc}0.90&0.10\\0.30&0.70\end{array}\right)=[0.75$  0.25]

The steady-state probabilities of the system being in the running state and in the down-state is therefore:

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4 0
3 years ago
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Step-by-step explanation:

Given:

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Find:

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Total weight of noodle = 13,320 gram

Weight of empty box = Total weight  - Total weight of noodle

Weight of empty box = 14,000 - 13,320

Weight of empty box =  680 gram

3 0
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