Given the initial rent is $40000, and the rent is increased by 0.5% each year, the rent in the third year will be given by:
FV=P(1+r)^n
FV=40000(1.05)^n
Thus the answer for the sum of payments for 3 years will be:
The summation is 1.05 raised to n years times $40000, where the years is from 0 to 3.
Answer:
B is the answer
Step-by-step explanation:
because it said 8 thousands so you know its not D and it says 7 tens so you know its not C and for 9 sense the hundredths has (ths) you know it's not A so the answer is B.
Answer:
Step-by-step explanation:
You have to divide 38.14 by 4 and your answer equals 9.535 whichirounds to 9.54
Answer:
B. No. He should have put the x values in the
denominator and the y values in the numerator.
Step-by-step explanation:
Took the assignment
