The rent for an apartment was $6,600 per year in 2012. If the rent increased at a rate of 4% each year thereafter, use an expone
ntial equation to find the rent for the apartment in 2021
1 answer:
Answer:
$9,393.78
Step-by-step explanation:
Using the equation:
A = P(1+r)^t
Where,
A = final amount
P = initial amount = $6,600
r = rate of increase = 4% = 0.04
t = time in years = 9 years (2012-2021)
A = 6,600(1 + 0.04)^9
= 6,600(1.04)^9
= 6,600(1.4233)
= 9,393.78
A = $9,393.78
You might be interested in
log 11 (1331) =3
11^3 = 1331
Answer:
$30 in total.
Step-by-step explanation:
Since he owes 3 people 10 dollars each, you simply need to multiply:
10×3= $30 dollars in total.
Answer:
70
Step-by-step explanation:
X-3=0
x=3
4x+2y-1=0
4(3)+2y-1=0
12+2y-1=0
11+2y=0
2y=-11
y=-5.5
I hope this helps you
Area=4.pi.r^2
Area =4.3,14.11^2
Area =1519
