The profit to be made when she sells the house is $103,800.
The first step is to determine the value of Tammy's house in 13 years. The formula to be used is:
- FV = P (1 + r)^n
- FV = Future value
- P = Present value
- R = interest rate
- N = number of years
$184,000 x (1.035)^13 = $287,767.92
Profit = value of the house in 13 years - cost of the house
$287,767.92 - $184,000 = 103,767 = $103,800
To learn more about future value, please check: brainly.com/question/18760477
Answer:
Step-by-step explanation:
h
Answer:
0
Step-by-step explanation:
if you slightly change the equation to better fit standard form (without actually changing its meaning) you get
y = 0x + 5
which means the slope is 0
Also, a shortcut:
<h2><u>
Horizontal lines always have a 0 slope while vertical lines have an undefined slope</u></h2>
Answer:
C
Step-by-step explanation:
Charlene has 8 more dollars so you would have to add it all together to get 86.
Answer:
20 Divided By 5 = 4 or 5 x4 = 20
Step-by-step explanation:
