Answer:
A) The annual multiplier was 1.0339; the annual increase was 0.0339 of the value.
B) 3.39% per year
C) $182,000
Step-by-step explanation:
A) Let's let t represent years since 1987. Then we can fill in the numbers and solve for r.
165000 = 100000(1 +r)^15
1.65^(1/15) = 1 +r . . . . . divide by 100,000; take the 15th root
1.03394855265 -1 = r ≈ 0.0339
The value was multiplied by about 1.0339 each year.
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B) The value increased by about 3.39% per year.
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C) S = $100,000(1.03394855265)^18 ≈ $182,000
0.25r-0.125+0.5r=0.5r
0.75r-0.125=0.5r
-0.125= -0.25r
r=0.5
Answer:12
Step-by-step explanation:
15-3=12
Answer:
Step-by-step explanation:
given that the U.S. Department of Housing and Urban Development (HUD) uses the median to report the average price of a home in the United States.
We know that mean, median and mode are measures of central tendency.
Mean is the average of all the prices while median is the middle entry when arranged in ascending order.
Mean has the disadvantage of showing undue figure if extreme entries are there. i.e. outlier affect mean.
Suppose a price goes extremely high, then mean will fluctuate more than median.
So median using gives a reliable estimate since median gives the middle price and equally spread to other sides.
Answer:
blue marble 12/50. tails 20/50
Step-by-step explanation:
12/50×20/50 =240/2500= 12/125 =9.6%
