Answer:
146%
Step-by-step explanation:
To find the percent increase/decrease:
1. Subtract the original value from the new value.
2. Divide by the original value.
3. Multiply the decimal by 100 to convert to a percent.
98.9 - 40.2 = 58.7
58.7/40.2 = 1.46
1.46*100 = 146%
Answer:
$199,047.62
Step-by-step explanation:
PV = X(1+i)^nm
X=$209000
i=5% = 0.05
n=1
m=1
Pv=$209000(1+0.05)^-1x1
Pv=$209000(1.05)^-1
Pv=$209000(1/1.05)
Pv=$209000/1.05
Pv=$199,047.62
$199,047.62 is needed to be donated for investment at 5.0% compounded annually rate for a year so as to get $209,000 at end of the year for the purpose of funding the scholarship.
Collect like terms
-3w - 7 w =5
Divide both sides by -10
-10w =5
w = -1/2
