1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nitella [24]
3 years ago
11

John bought a new home in 2002. The value of the home increases 4% each year. If the price of the house is $375,000 in 2020, how

much did he pay for it in 2002?
Mathematics
1 answer:
skad [1K]3 years ago
4 0
Using the formula of P(1 + r)^n = x where p represents the initial value, r represents the rate and n represents the number of years and x is our final output. We want to find P so we have to make it the subject of the equation.

1 + 0.04 = 1.04
1.04^18 = 2.025816515
Then divide the total amount by this to get 185,110.5454
Therefore the answer is $185,110.55

Hope this helps! :)
You might be interested in
Let f(x) = 4x + 3 and g(x) = -2x + 5. Find fog 5
Oxana [17]

Answer:

-17

Step-by-step explanation:

first find g(5) = -2(5)+5 = -5

then f(-5) = 4(-5)+3 = -17

6 0
2 years ago
Read 2 more answers
Wich is equivalent to sqrt10^3/4 x
Sergio039 [100]

Answer:

( \sqrt[4]{10} ) ^{3x}

7 0
3 years ago
Explain linear function. Provide a real-world example of linear function, explain the rate of change. Include reference(s) in yo
GuDViN [60]

Answer:

See step-by-Step explanation

Step-by-step explanation:

An linear equation is an equation that shows the relationship of 2 numbers, and when one variable decreases at a constant rate, the other will also decrease by a constant rate. One example is when you drive at a constant rate at 50 miles per hour. The distance is y miles, and the time is x hours. The linear equation is y=50x.

8 0
3 years ago
At a bookstore Mrs.McIntyre buys three books, one for each of her children. Each book cost the same amount. She also buys $1.50
TiliK225 [7]

Answer:

X= $3.99

Step-by-step explanation:

X is the value of each book

3 0
3 years ago
Read 2 more answers
Write 81.4 as a fraction.
Maslowich
407 over 5 but it also has to be simplified
7 0
3 years ago
Read 2 more answers
Other questions:
  • What interest will u pay on a 2,200 loan for 1 year if the interest is 12%
    8·1 answer
  • What is the distributive property 39x5
    6·1 answer
  • Sandra walked to the top of a hill at a speed of 2 km/h, turn around and walked down the hill at a rate of 4 km/h. the whole tri
    12·1 answer
  • What is the area of a field that is 132.4m long by 28m wide?
    13·2 answers
  • Can you please help I dont understand
    13·1 answer
  • Slope = 4/3, (-2, 11)
    9·1 answer
  • six friends went to a basketball game. The price of admission per person was $x. four of the friends paid an extra $5 each for a
    10·2 answers
  • A 10 meter ladder is leaned up against a building. If
    8·1 answer
  • Tìm x a)<br> 4x^2-12x=-9
    10·1 answer
  • Find the values for x and y that make triangle GHM = triangle MPG by SSS.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!