Answer:
The company's profit in 2007 was 11.088 millions
Step-by-step explanation:
This is a compound interest problem where the initial amount is 8.8 million, the interest rate is 6% and the time period is 4 years and it gets compounded yearly. So we can use the compound interest formula, that is given by:
A = P*(1 + r/n)^(n*t)
Where A is the final amount, P is the initial amount, r is the rate, t is the total amount of time and n is the number of times it gets compounded in one year. We can now use all the values that were given to us to find out the profit of the company.
A = 8.8*(1 + (0.06))^(4) = 8.8*(1.06)^16
A = 8.8*1.26 = 11.088 millions
So the company's profit in 2007 was 11.088 millions
3(x+3) = 8x-5x+7
3x + 9 = 3x + 7
9 = 7
No solution option A
Answer:
|x-2| + |x+1| -5=0
⇒|x-2| + |x+1|=5
⇒x-2+x+1=5
⇒2x=6
⇒x=3
Step-by-step explanation:
C is your answer because the circle is open and not colored.
