The value of Peter's house has risen 20% a year for the last 3 years. If the value of Peter's home 3 years ago was $110,000.00,
2 answers:
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We know that:
is an equation of a circle.
When we substitute x and y (from the pairs we have), we'll get a system of equations:
and all we have to do is solve it for a, b and r.
There will be:
From equations (II) and (III) we have:
and from (I) and (II):
Now we can easly calculate a and b:
Finally we calculate
:
And the equation of the circle is:
is an equation of a circle.
When we substitute x and y (from the pairs we have), we'll get a system of equations:
and all we have to do is solve it for a, b and r.
There will be:
From equations (II) and (III) we have:
and from (I) and (II):
Now we can easly calculate a and b:
Finally we calculate
And the equation of the circle is:
Given:
P₀ = $1000, the principal
r = 2% = 0.02, the APR
Let the duration be 1 year
n = number of compounding intervals per year.
The value after 1 year is
The following table shows the results obtained from the calculator.
n A
------ ------------------
1 1020.00000
4 1020.15050
12 1020.18436
52 1020.19742
365 1020.20078
P₀ = $1000, the principal
r = 2% = 0.02, the APR
Let the duration be 1 year
n = number of compounding intervals per year.
The value after 1 year is
The following table shows the results obtained from the calculator.
n A
------ ------------------
1 1020.00000
4 1020.15050
12 1020.18436
52 1020.19742
365 1020.20078
Answer:
11.2 ''
Step-by-step explanation:
*cities