Answer:
I don’t for sure know the answer but I think it’s ”1”
Step-by-step explanation:
Answer: 64 years
Step-by-step explanation:
Let assume the dealer sold the bottle now for $P, then invested that money at 5% interest. The return would be:
R1 = P(1.05)^t,
This means that after t years, the dealer would have the total amount of:
$P×1.05^t.
If the dealer prefer to wait for t years from now to sell the bottle of wine, then he will get the return of:
R2 = $P(1 + 20).
The value of t which will make both returns equal, will be;
R1 = R2.
P×1.05^t = P(1+20)
P will cancel out
1.05^t = 21
Log both sides
Log1.05^t = Log21
tLog1.05 = Log21
t = Log21/Log1.05
t = 64 years
The best time to sell the wine is therefore 64years from now.
Answer:
200km
Step-by-step explanation:
<u>Given </u>
1cm = 25 km 8cm =?
<u>Solve</u>
if 1cm = 25,
then multiply 8 cm by 25.
Which is 200 km
Answer:
a) 30.60
b) 1010/33 = 30.60
Step-by-step explanation:
Yes she got her money back. To be exact she made a profit of $6.84!
2.58+2.58=5.16 This is how much she has to make to make a profit.
0.75*16=12
She made $12 in total :]
