Answer:
After 50 years the stock value will be $50 per share.
Step-by-step explanation:
Simple Interest Equation (Principal + Interest)
A = P(1 + rt)
Where:
A = Future amont = $50
P = Principal Amount = $40
r = Rate of Interest per year in decimal; r = R/100 = 0.5/100 = 0.005
t = Time Period involved in months or years
Plug in the values
50 = 40(1 + 0.005t)
50 / 40 = (1 + 0.005t)
5/4 = 1 + 0.005t
5/4 - 1 = 0.005t
0.25 = 0.005t
t = 0.25 / 0.005
t = 50 years
Answer: 2(x + 4)(x - 4)
Hope this helped!
The system of equations that represent the situation are as follows;
According to the question;
- Mary was trying to rent a boat and wanted to get the best plan.
For Plan A:
- Rental plan A charges a fee of
- $50 plus $25 per hour.
For Plan B:
- Plan B charges a fee of $10 plus $35 per hour.
Read more on rental charges;
brainly.com/question/1503197
Answer:
assume an approximate value for the variable that will simplify the equation.
solve for the variable.
use the answer as the second approximate value and solve the equation again.
repeat this process until a constant value for the variable is obtained.
Answer:
why thank you :)
hope that continues for you and have an awesome day
