1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Neko [114]
3 years ago
10

Leroy owns a business earning $49,300 in profits, these profits are appreciating at about 2.9% each year. What are leroys profit

s after nine years ?
Mathematics
1 answer:
evablogger [386]3 years ago
7 0

Answer:

$62,167.3

Step-by-step explanation:

Profit after nine years is the amount.

Amount = Principal + Interest

Given

Earning profit = Principal = $49,300

Rate = 2.9%

Time = 9 years

Interest = Principal * Rate * Time/100

Interest = $49,300*2.9*9/100

Interest = 1,286,730/100

Interest = $12,867.30

Amount = $49,300+$12,867.30

Amount = $62,167.3

Hence leroys profits after nine years is $62,167.3

You might be interested in
A tennis player has won 24 out of 36 matches. His sponsor says that he must win 70% of his total number of matches to qualify fo
pashok25 [27]

Answer:

He must win 11 more matches to qualify for the bonus.

Step-by-step explanation:

24/36 * 100 = 67% (to the nearest %) - This is the current percentage of what the Tennis player has won.

If we add 14 more matches on to the 36 the player has already played, we know that the Tennis player plays 50 matches in total.

Let's say the Tennis player was playing 100 matches, they would need to win 70 or more to qualify for the bonus. Because the player is playing half this amount of matches, we half the amount of games they have to win...

35/50 games or more must be won to qualify for the bonus. The Tennis player has already won 24 matches, so must win 11 more matches to qualify for the bonus.

Hope that helps!

5 0
2 years ago
Read 2 more answers
How long would it take me to earn$139.50 of interest at a 6% interest rate if I started with$930.00
Triss [41]
6% of 930 is 55.8

139.50 / 55.8 = 2.5

I will take two and a half years
8 0
3 years ago
You put $200 in a savings account. The account earns 2% simple interest
Black_prince [1.1K]

Answer:

interest total after 5 years is $20.82

Step-by-step explanation:

6 0
3 years ago
Took a photo to use ​
ruslelena [56]

Answer:

x=9

<A=23

<B= 69

Step-by-step explanation:

1. 2x+5+3(2x+5)=92     2. 2x+5+6x+15=92     3. 8x+20=92     4. 8x=72     5. x=9

<A= 2(9)+5=18+5=23

<B= 3(2(9)+5)=3(23)=69

5 0
2 years ago
Is this correct? If not, please tell me the correct answer!!!
White raven [17]

Answer:

That is correct

Step-by-step explanation:

180° rotation about origin just means that you have to flip the pre-existing image across the x-axis

Good job!

3 0
3 years ago
Other questions:
  • Let f(x) = 4x - 7 and g(x) = 2x - 3. Find (fog)(4).
    7·2 answers
  • A physically active adult weighing 185 pounds needs to consume about 2830 calories per day in order to maintain his or her weigh
    11·1 answer
  • Classify each triangle write acute,right or obtuse
    5·2 answers
  • Four is no less than the quotient of a number xx and 2.1.
    6·1 answer
  • What does 50/x=2 what is x
    13·2 answers
  • There are 26 third grader and 32 fourth graders are going on a field trip. Each van can hold 10 students.
    7·1 answer
  • Lily wrote the equation n + (-11)=24 find the value of n and explain how you found it
    5·1 answer
  • (6t4n3) (-2tn 3) - simplify :)
    13·1 answer
  • Ratios, Fractions, Decimals, and Percents
    7·2 answers
  • How do I solve this??
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!