Answer:
The value after three years is $137,027.97
Step-by-step explanation:
Here, we want to get the value of the home after 3 years
Generally, we have the exponential formula as follows;
y = P(1 + r)^t
where P is the original cost which is $124,400
r is the rate of increase which is 3% = 3/100 = 0.03
t is the time which is 3 years
Substituting these values;
y = 125400(1 + 0.03)^3 = $137,027.97
Ralph chase invested $85000 at an interest of 10% and $70000 at an interest of 8%
<h3>What is an
equation?</h3>
An equation is an expression that shows the relationship between two or more numbers and variables.
An independent variable is a variable that does not depends on other variable while a dependent variable is a variable that depends on other variable.
Let a represent the amount invested at interest of 10% and b represent the amount invested at 8%, hence:
a + b = 155000 (1)
Also:
0.1a + 0.08b = 14100 (2)
From both equations:
a = 85000, b = 70000
Ralph chase invested $85000 at an interest of 10% and $70000 at an interest of 8%
Find out more on equation at: brainly.com/question/2972832
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Answer:
I think it is 12 4/5
Step-by-step explanation:
hope this helps if not let me now
Answer:
The prime factorization of the number 24 is 2 × 2 × 2 × 3.
