Answer:
The company's profit in 2007 was 11.088 millions
Step-by-step explanation:
This is a compound interest problem where the initial amount is 8.8 million, the interest rate is 6% and the time period is 4 years and it gets compounded yearly. So we can use the compound interest formula, that is given by:
A = P*(1 + r/n)^(n*t)
Where A is the final amount, P is the initial amount, r is the rate, t is the total amount of time and n is the number of times it gets compounded in one year. We can now use all the values that were given to us to find out the profit of the company.
A = 8.8*(1 + (0.06))^(4) = 8.8*(1.06)^16
A = 8.8*1.26 = 11.088 millions
So the company's profit in 2007 was 11.088 millions
Answer:
105 km
Step-by-step explanation:
3.75 x 28 = 105 km
Answer:

Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
in this problem we have
substitute in the formula above
solve for r

convert to percentage (multiply by 100)

Answer:
y = 6x + 22
General Formulas and Concepts:
<u>Pre-Alg</u>
- Order of Operations: BPEMDAS
<u>Algebra I</u>
Slope Formula: 
Slope-Intercept Form: y = mx + b
Step-by-step explanation:
<u>Step 1: Define</u>
Point (-3, 14)
Point (-1, 16)
<u>Step 2: Find slope </u><em><u>m</u></em>
- Substitute:

- Subtract/Add:

- Divide:

<u>Step 3: Find y-intercept </u><em><u>b</u></em>
- Define: y = 6x + b
- Substitute: 16 = 6(-1) + b
- Multiply: 16 = -6 + b
- Isolate <em>b</em>: 22 = b
- Rewrite: b = 22
<u>Step 4: Write linear equation</u>
y = 6x + 22
Answer:
3
x
2
X
−
10
x
X
+
8
X
+
g
Step-by-step explanation: