The annual returns will be calculated as follows:
a] Here we use the formula:
A=p(1+r/100)^n
A=future amount
p=principle
r=returns
n=time
We are given:
A=500, p=400, t=1
Plugging the values in the formula we obtain:
500=400(1+r)^1
simplifying and solving for r:
1.25=1+r
thus
r=1.25-1
r=0.25~25%
b] Using the formula above:
A=p(1+r/100)^n
A=2500+100=2600, p=2000, n=1 year
plugging the values in the equation we obtain:
2600=2000(1+r)^1
simplifying and solving for r we obtain:
2600/2000=1+r
1.3=1+r
hence
r=1.3-1
r=0.3~30%
Answer:
<em>B. 9 < 7 or x > 16.</em>
Step-by-step explanation:
<em>I had the same question and the answer was B.</em>
Answer:
14 feet and 5 inches
Step-by-step explanation:
11 feet + 2 feet= 13 feet
9 inches + 8 inches = 17 inches
17 inches = 1 foot and 5 inches
13 + 1 = 14 feet
5 inches + 0 inches = 5 inches
8 times 3 equals 23 and that is one of the answers
