During the period 1994 - 2004, the 'National Income' ,(NI) of Australia grew about 5.2% per year (measured in 2003 U. S, dollars). In 1994 , the NI of Australia was $ 4 billion.

Now,

(2020 - 1994) = 26

Assuming this rate of growth continues, the NI of Australia in the year 2020 (in billion dollars) will be,

$4 \times[\frac{(100 + 5.2)}{100}}]^{26}$

= $4 \times[\frac{105.2}{100}]^{26}$

=\simeq 14.94 billion dollars (answer)

8 0

3 years ago

Tony has 6 dollars in change in his car. Every time he drives to visit his grandma, he pays $1.25 in tolls. Which graph represen

olga_2 [115]

After paying 4 tolls, Tony will have 4×$1.25 = $5.00 less change in his car. At that point, he will have $1 in change. The appropriate choice is
graph of line going through (0, 6) and (4,1)

5 0

3 years ago

Read 2 more answers

Mary wants to have$8500 to travel to south america when she is 21. She currently has $6439 in a savings account earning 4% annua

attashe74 [19]

Answer:

9,014.6

Step-by-step explanation:

4 0

2 years ago

F(x) = 8x3 - 5x+12<br> Find the zeroes

Darina [25.2K]