Answer:
-4
Step-by-step explanation:
-1.5 (4-r) = -12 Distribute the -1.5.
-6 - 1.5r = -12 Add 6 to both sides.
-1.5r = 6 Divide both sides by -1.5.
r = -4
Answer:
14
Step-by-step explanation:
Shown in picture above.
The annual returns will be calculated as follows:
a] Here we use the formula:
A=p(1+r/100)^n
A=future amount
p=principle
r=returns
n=time
We are given:
A=500, p=400, t=1
Plugging the values in the formula we obtain:
500=400(1+r)^1
simplifying and solving for r:
1.25=1+r
thus
r=1.25-1
r=0.25~25%
b] Using the formula above:
A=p(1+r/100)^n
A=2500+100=2600, p=2000, n=1 year
plugging the values in the equation we obtain:
2600=2000(1+r)^1
simplifying and solving for r we obtain:
2600/2000=1+r
1.3=1+r
hence
r=1.3-1
r=0.3~30%
10.5*5= 52.5 is the correct answer to the question