Answer:
$25,695
Step-by-step explanation:
You can calculate the price of the car in 2000 using the formula to calculate the future value:
FV=PV(1+r)^n
FV= future value
PV= Present value: $7,500
i= rate: 5.5%
n= number of years: 2000-1977= 23
FV= 7,500*(1+0.055)^23
FV= 7,500*(1.055)^23
FV= 7,500*3.426
FV= 25,695
According to this, the approximate value of the car at the time of the auction is $25,695.
Answer:
1 4p= 32
2 17g
3 176 + 5
4 3x or x/3 (not too sure)
Answer: $1150
Step-by-step explanation:
Simple interest is calculated as:
= Principal × Rate × Time
where,
Principal = $2000
Rate = 5.75%
Time = 10
Interest = 2000 × 5.75% × 10
= 2000 × 0.0575 × 10
= 1150
The amount earned will be $1150.
They would put the bolts inside the boxes and bags
