The answer to the question is 0.048
Answer:
The current price is $3000 and price after 9 years from today is $4054.
Step-by-step explanation:
The future price pt(in dollars) of a certain item can be modeled by the following exponential function
where, t is the number of years from today.
Substitute t=0 to find the current price.
Therefore the current price is $3000.
Substitute t=9 to find the price after 9 years from today.
Therefore the price after 9 years from today is $4054.
Call red as X then X/Green =5/16 => green = 16X/5.
six times the number of reds exceeded the number of green by 112 => 6X-16X/5=112 => 14X/5=112 => X= 40 => reds:40 => green = 128
<span>In order to calculate compounded interest, we use the formula: Final amount = initial amount x (increase rate)^(time periods). We know that the interest rate is 6%, so the factor we multiply by is 1.06. Moreover, the interest is compounded twice per year. This means that there will a total of 2 x 10 = 20 time periods over which the amount is compounded. Therefore, the final amount works out to be: Final amount = 200(1.06)^20, which is equivalent to $641.</span>
Answer: it must be 2
Step-by-step explanation: all the others have ‘red’ as an option, yet red isn’t mentioned anywhere in the problem.
