The formula for calculating compound interest with yearly contributions is:
Balance = X*(1 + Y)^n + Z((1 + Y)^(n + 1) - (1 + Y)/Y)
where the balance is the money earned after n years invested
Y is the interest rate as a fraction
Z is the yearly contribution
X is the starting investment
Therefore the calculation for this example is:
Balance = 1200*(1 + 0.05)^48 + 1200((1.05)^49 - (1.05)/05)
= $249,393.5
Depreciation of 11% per year means that the price is multiplied by 89% (0.89) every year. Do this 11 times or use exponents
Final price:
207000*(0.89^11) = 57446.083
Answer:
True
Step-by-step explanation:
∠4 ≅ ∠5 are corresponding angle and equal to each other
Let us assume the first number to be = x
Let us assume the second number to be = y
Then
x^2 - y^2 = 5
x^2 = y^2 + 5
And
3x^2 - 2y^2 = 19
Multiplying the first equation by -2, we get
- 2x^2 + 2y^2 = - 10
Now subtracting the two equations, we get
x^2 = 9
x = 3
Putting the value of "x" in the first equation, we get
(3)^2 - y^2 = 5
9 - y^2 = 5
y^2 = 4
y = 2
I hope that the procedure is clear enough for you to understand and this is the answer that you were looking for.
The answer is 200. 1% is equal to 2, so 100% is equal to 200.
