This deals with exponential growth.
house value = 20,000 * (1.05)^years
(where years is # of years from 1950 - so 1950 = 0, 1951 = 1, etc)
house value = 20,000 * (1.05)^65
house value = 20,000 *
<span>
<span>
<span>
23.8399005592
</span>
</span>
</span>
<span><span><span>house value = 476,798.01</span>
</span> </span>
Answer:
34 minutes
Step-by-step explanation:
Given


Required
Number of minutes left to spend (x)
Since there's only 1 minute left to spend on every other call;
Time left = x * 1
Time left = x
The required can further be calculated using:

This gives:

Subtract 6 from both sides


<em>Hence, there are 34 minutes left to spend</em>
From the cars parked in the lot he will earn (40)($10)=$400, but he will need to pay $50 for the rent. Thus his total $ earned will be $400-$50=$350.