Answer:
x = - 0.2
Step-by-step explanation:
4x+4= -0.3x+3
4x + 0.3x +4= 3 Add 0.3x to both sides
4.3x + 4 = 3 Simplify
4.3x = 3 - 4 Subtract 4 from both sides
4.3x = -1 Simplify
4.3x = -1 Divide by 4.3 to isolate the variable
x = - 0.2
Answer: D. 60100
Step-by-step explanation:
The formula for determining the sum of n terms of an arithmetic sequence is expressed as
Sn = n/2[2a + (n - 1)d]
Where
n represents the number of terms in the arithmetic sequence.
d represents the common difference of the terms in the arithmetic sequence.
a represents the first term of the arithmetic sequence.
From the information given,
n = 200 terms
a = 2
d = 3
Therefore, the sum of the first 200 terms, S200 would be
S200 = 200/2[2 × 2 + (200 - 1)3]
S200 = 100[4 + 597)
S200 = 100 × 601 = 60100
Answer:
The stock is worth $702.5.
Step-by-step explanation:
Giving the following information:
Present Value= $500
Number of periods (n)= 3 years
Growth rate (i)= 12%
<u>To calculate the value of the stock today, we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 500*(1.12^3)
FV= $702.5
The stock is worth $702.5.
