Answer:
The value of first coin will be $151.51 more than second coin in 15 years.
Step-by-step explanation:
You have just purchased two coins at a price of $670 each.
You believe that first coin's value will increase at a rate of 7.1% and second coin's value 6.5% per year.
We have to calculate the first coin's value after 15 years by using the formula
Where A = Future value
P = Present value
r = rate of interest
n = time in years
Now we put the values
A = (670)(2.797964)
A = 1874.635622 ≈ $1874.64
Now we will calculate the value of second coin.
A = 670 × 2.571841
A = $1723.13
The difference of the value after 15 years = 1874.64 - 1723.13 = $151.51
The value of first coin will be $151.51 more than second coin in 15 years.
Answer:
This is in the form y=mx+b . m is the slope and b is the y-intercept. In this case, the slope is 3 and the y-intercept is −1 .
Answer:
48 soldiers leave the place.
Step-by-step explanation:
- 100/60=80/x
- 100x=4800
- x=4800/100
- x=48
hope it helps.
<h2>stay safe healthy and happy.</h2>
You can set up two equations from the information given. I will set them up for you:
32 = 4x + 2y
36 = 5x + 2y
Let's solve the first equation to come up with a value for y.
32 = 4x + 2y
32 - 4x = 2y
16 - 2x = y
Now we plug y into the other equation.
36 = 5x + 2(16-2x)
36 = 5x + 32 - 4x
4 = x
Now we have our real x value and we can plug it into the first equation.
32 = 4(4) + 2y
32 = 16 + 2y
16 = 2y
8 = y
Since x = 4 and y = 8, you get the final coordinates of (4,8).
Your answer is the second statement provided above.
Answer:The amount of commission made is 144
Step-by-step explanation:
The department store worker gets paid 325.00 per week plus 4% commission of their total sales. This means that the worker's earning is not fixed. It varies with the amount of sales made
if the worker sells 3600 of the merchandise, it means that the worker's sales commission will be 4% of 3600 of the merchandise
Sales commission earned by the store worker = 4/100 × 3600
= 0.04 × 3600 = 144
