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stepan [7]
3 years ago
11

The value of a collector's item is expected to increase exponentially each year. The item is purchased for $500 and its value in

creases at a rate of 5% per year. Find the value of the item after 4 years. $578.81 $607.75 $1687.50 $2531.25
Mathematics
2 answers:
Svetllana [295]3 years ago
4 0

Answer:

Answer: $607.75

Step-by-step explanation:

Answer:

 $607.75

Step-by-step explanation:

As a first approximation, compound interest will be slightly higher than simple interest for a relatively short time period. Here simple interest at 5% for 4 years will add 4×5% = 20% to the value, adding about $100 to the initial $500 value. That is, we expect the value in 4 years to be slightly more than $600.

The appropriate answer choice is $607.75.

_____

The actual amount can be calculated using the multiplier 1.05 for each of the 4 years, or 1.05^4 ≈ 1.21550625 for the entire period. Then the predicted item value is ...

 $500 × 1.21550625 = $607.753125 ≈ $607.75

slava [35]3 years ago
3 0

Answer:

  $607.75

Step-by-step explanation:

As a first approximation, compound interest will be slightly higher than simple interest for a relatively short time period. Here simple interest at 5% for 4 years will add 4×5% = 20% to the value, adding about $100 to the initial $500 value. That is, we expect the value in 4 years to be slightly more than $600.

The appropriate answer choice is $607.75.

_____

The actual amount can be calculated using the multiplier 1.05 for each of the 4 years, or 1.05^4 ≈ 1.21550625 for the entire period. Then the predicted item value is ...

  $500 × 1.21550625 = $607.753125 ≈ $607.75

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Step-by-step explanation:

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Step-by-step explanation:

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1. Solve for x. Then find the angle measures of the<br>triangle?<br>(4x)<br>(6x+55)<br>(9x+30)​
nalin [4]

Answer:

x =  5.

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Step-by-step explanation:

The first angle of the triangle  =  (4 x)

The second  angle of the triangle  =  (6x + 55)

The third angle of the triangle  =  (9x + 30)

By ANGLE SUM PROPERTY of a triangle:

First angle + Second  angle +  Third angle  = 180°

⇒ (4 x)  + (6x+55)   +  (9x+30)​  = 180°

or, (4x + 6x + 9x) + ( 55 + 30) =  180°

or, 19x = 180 - 85

or, 19 x  = 95   ⇒ x = 95 /19 = 5

or, x = 5

Hence, first angle of the triangle =  (4 x) = 4 x 5 = 20°

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Answer:

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Step-by-step explanation:

The steps are;

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3) We will determine the critical values from the relevant tables

4) From the critical values gotten, we will determine it's corresponding region where it can be rejected.

5)We will calculate the value of the test statistic from the formula;

z = [(x1' - x2') - (μ1 - μ2)]/√[((σ1)²/n1) + ((σ2)²/n2)]

6) If the value of the test statistic gotten from step 5 above falls in the region of rejection noted in step 4,then we will reject the null hypothesis

7) After rejection of the null hypothesis, we will now give a decision/conclusion on the claim.

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3 years ago
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