I believe the correct answer is D.
Answer:HI
Step-by-step explanation:
Thx for the answers
Answer:
$147,205
Step-by-step explanation:
We are given;
Initial value of the Condominium as $110,000
The rate of appreciation as 6%
Time from 2010 to 2015
We are required to determine its value in 2015.
Using the appreciation formula;
N = N₀ (1+r/100)^n
Where N is the new value and N₀ is the original value
R is the rate of appreciation
n is the time taken
Therefore;
New value in 2015 = $110,000 × (1 + 6/100)^5
= $110,000 × 1.06^5
= $147,204.81
= $147,205
Therefore, the value of condominium in 2015 will be $147,205
Answer:
D is the correct answer.
Step-by-step explanation:
When given points, one way to tell if it is a function is to see if the x-coordinate changes. If all the x-coordinates are different, then it is a function. If there is a group of x-coordinates that are the same, then you need to check the y-coordinate. If the y-coordinate is the same with the same x-coordinate, then it is still a function [Example: (12, 15), (12, 15) is a function, but (12, 15), (12, 18) is not)
This is the concept of arithmetic. Given that 5% down payment is required for one to purchase a home of $85,000, amount of money required will be:
Amount=(percentage down payment)×(total cost of the house)
percentage down payment=5%
total cost of the house=$85000
Amount=5/100×85000
=$4250
The answer is b] $4250