In order to calculate that, you have to divide 5 from 25
It would be: 25/5 = 5
In short, Your Answer would be 5
Hope this helps!
Formula
V= c(1-r)^t
V= future value
C= current value
r= depreciation rate p/yr
t= number of periods
v = 20500*(1-0.16)^8
v =
Answer:
The estimate of the percentage of millionaires in each of these cities:
Bridgeport San Jose Washington Lexington Park
CT CA D.C. MD
Percentage of
Millionaires 9% 12% 9% 8.3%
Step-by-step explanation:
Data and Calculations: City
Bridgeport, San Jose, Washington, Lexington Park,
Millionaire CT CA D.C. MD
Yes 45 36 36 33
No 455 264 364 367
Sample 500 300 400 400
Percentage of
Millionaires 45/500 36/300 36/400 33/400
= 0.09 0.12 0.09 0.0825
= 9% 12% 9% 8.3%
