Answer:
C.There is no difference they are calculated the same.
Step-by-step explanation:
If it's wrong so please sorry
Answer: in five years time, the sales would be $100367
Step-by-step explanation:
We would apply the formula for determining compound interest which is expressed as
A = P(1+r/n)^nt
Where
A = total sales at the end of t years
r represents the growth rate.
n represents the periodic interval at which it was compounded.
P represents the current sales.
t represents the time in years
From the information given,
P = 75000
r = 6% = 6/100 = 0.06
n = 11 because it was compounded once in a year.
t = 5 years
Therefore,
A = 75000(1+0.06/1)^1 × 5
A = 75000(1+0.06)^5
A = 75000(1.06)^5
A = $100367
Answer:
Step-by-step explanation:
X = -4 – -2 = -2
Y = 4 – 10 = -6
Equation of the line:
y = 3x + 16
When x=0, y = 16
When y=0, x = -5.3333333333333
D because it’s three per year which is slope and started with five (y intercept)
Answer:
= 4
Step-by-step explanation:
sqrt 15 = 3.872
to approximate to the nearest whole number (integer), you take the first decimal number which is 8, since 8 is greater than 5, you will add one(1) to the whole number which is 3 to make it 4.
