Answer: he should invest $16129 today.
Step-by-step explanation:
Let $P represent the initial amount that should be invested today. It means that principal,
P = $P
It would be compounded annually. This means that it would be compounded once in a year. So
n = 1
The rate at which the principal would be compounded is 7.6%. So
r = 7.6/100 = 0.076
The duration of the investment would be 6 years. So
t = 6
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years.
A = 25000
Therefore
25000 = P(1+0.076/1)^1×6
25000 = P(1.076)^6
25000 = 1.55P
P = 25000/1.55
P = $16129
Let A be asset turnover, R revenue, and S assets. You already know the equation for asset turnover:
A = R/S
Since we need to calculate revenue, we need to modify the equation a bit:
R = A*S
R = 7.2*88000
R = 633,600
This means that Ryan's net sales (revenue) were $633,600.
Answer:
The width of the scale model is 33 inches.
Step-by-step explanation:
This question is solved making a relation with the scale model.
In the scale, 3 inches are worth 11 real feet.
The actual width of the building is 121 feet, so we find it's scale by a rule of three.
3 inches - 11 feet
x inches - 121 feet
Simplifying by 3, both sides
The width of the scale model is 33 inches.
Answer:
-4 -23i
Step-by-step explanation:
(4-16i) - (8+7i)
Distribute the minus sign
4-16i -8-7i
Combine like terms
4-8 -16i -7i
-4 -23i
On a number line, v would be all the numbers to the left of -3 (for example, |-4|=4 which is greater than 3) and all the values to the right of positive 3. Since it can't equal 3, v=-3 and v=3 are not included on the number line.
