Answer:
Decreased
Step-by-step explanation:
-The rate of growth in food prices can be calculated using the compound interest formula as:
We use the calculated growth rate in food prices to find the potential future value of a 90's income:
#Compare this calculated value to the stated value:
Hence, the real value of income has decreased since it's less than it's future value over the 10-year period.
Answer:
51,800 rupees
Step-by-step explanation:
Cost of 5 grams of gold on 1 May 2012 = 14 000 rupees.
The cost of gold decreased by 7.5% from 1 May 2012 to 1 May 2013
Cost of 5 grams of gold on 1 May 2013 = 14,000 - 7.5% of 14,000
= 14,000 - 0.075 × 14,000
= 14,000 - 1,050
= 12,950 rupees
Work out the cost of 20 grams of gold on 1 May 2013
Since, there are four 5 grams of gold in 20 grams of gold
Therefore,
Cost of 20 grams of gold on 1 May 2013 = 12,950 rupees × 4
= 51,800 rupees
What do you mean by nth? I know that the next numbers are 44,59,76,95.
Answer:
Equation of a line is y= mx + c
where
m = gradient
c = y intercept
Equation of the line using point (1,7) and gradient - 2 is
y - 7 = -2(x-1)
y - 7 = -2x + 2
y = -2x + 2 + 7
y = -2x + 9
Hope this helps
