Answer:
The value of the painting in 6 years is $1904.25
Step-by-step explanation:
y = a(1 + r)
t
= 1200(1.08)t
Write the formula.
Substitute 1200 for a and 0.08 for r.
Simplify.
= 1200(1 + 0.08)
t
Step 2 Find the value in 6 years.
y = 1200(1.08)t
= 1200(1.08)6
≈ 1,904.25
Substitute 6 for t.
Use a calculator and round to the
nearest hundred
Answer : 
and 
Greatest common factor of 
If we are able to factor out from each option then that would be our answer.
Lets check with each options
(a)
, we cannot take out 5.
(b)
, We can take out common factor and it can be written as 
(c) 
, we cannot take out n^2 because we have only 'n'
(d) , We can take out common factor and it can be written as 
(e) 
, we cannot take out 5 because we have 24
So answer is (b) and (d)
Answer:
PV= $40,279.36
Step-by-step explanation:
Giving the following information:
Number of periods= 8*12= 96 months
Interest rate= 0.039/12= 0.00325
Future value (PV)= $55,000
<u>To calculate the initial investment, we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 55,000 / (1.00325^96)
PV= $40,279.36
The answer is A because you multiply the 0.75 by 450 and multiply the 1 and 60 then add the two answers together and you have your answer
