Answer:
After 50 years the stock value will be $50 per share.
Step-by-step explanation:
Simple Interest Equation (Principal + Interest)
A = P(1 + rt)
Where:
A = Future amont = $50
P = Principal Amount = $40
r = Rate of Interest per year in decimal; r = R/100 = 0.5/100 = 0.005
t = Time Period involved in months or years
Plug in the values
50 = 40(1 + 0.005t)
50 / 40 = (1 + 0.005t)
5/4 = 1 + 0.005t
5/4 - 1 = 0.005t
0.25 = 0.005t
t = 0.25 / 0.005
t = 50 years
Answer:
6mm
Step-by-step explanation:
radius = 1/2 of diameter
Let the amount Kevin earns be represented with K
Let the amount Jason earns be represented with J
Jason earns $32.50 less than twice Keyin earns can be represented by
J = K - 32.5 ----- equation 1
Jason earns $ 212.5
J = 212.5 ----- equation 2
From equation 1, we can write the equation to solve for what Kevin earns
J = K - 32.5
Making K the subject of the formula
K = J + 32.5
Putting J = 212.5 into the equation above
K= $ 212.5 + $ 32.5
K = $ 245
Kevin earns $245
Answer:
One solution
Step-by-step explanation:
Lets solve it for b
3b= -6a+12
3b= 6a-12
Simplifying
b= -2a+4
b= 2a+4
Both have same slope and intercept hence both lines are going to intersect at one point. So the equations are having one solution.