First question:
interest rate is 5% annually. After 4 years relative value of interest will be 1.05^4
Now we multiply that with starting funds and get
4000* 1.05^4 = 4862.03
Second question:
Because interest is 8% semiannually that means that after 35 years relative value of interest will be 1.04^(35*2)
6000*1.04^70 = 93,429.71
Third question:
after first year tractor's value will be 0.86*15450. After 3 years its value will be:
(0.86)^3*15,450 = 9,827.07
Answer:
B&E
Step-by-step explanation:
Realized that I didn't actually "answer it" hahaha! Using a online calculator is always helpful in finding answers like these.
9514 1404 393
Answer:
254.8
Step-by-step explanation:
Substitute the numbers where the variables are and do the arithmetic.
4c +2b³ = 4(1.2) +2(5³) = 4.8 +250 = 254.8
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It can also work to let a calculator or spreadsheet do the math for you, once you specify the function.
7623, 27.8, 76.9, and 8401 it is really simple just use a calculator........