Given :
Rema purchased 18 ounces of gold in 2005 for $414 per ounce in order to try to diversify her investment portfolio.
She sold a third of her holdings in gold in 2009 at a price $953 per ounce. She sold the rest of her gold holdings in 2010 for $1,367 per ounce.
To Find :
What is Prema’s profit in 2009 and 2010.
Solution :
Price of one third ounces of gold, in 2005 is :
P = $414/3 = $138 .
Profit from selling them in 2009 is :
P1 = $(953 - 138) = $815 .
Profit from selling them in 2010 is :
P2 = $( 1367 - ( 414 - 138 ) ) = $1091 .
Therefore, Prema's profit in 2009 is $815 and 2010 is $1091.
Hence, this is the required solution.
Answer:
The rate of decrease is 8%
Step-by-step explanation:
we know that
The general equation for the radioactive decay can be written as:

where
a is the amount in kilograms after time t.
a_0 is the original amount of the substance or y-intercept of the function
r is the decay rate, written in decimals.
t is the time
In this problem we have

so

solve for r

Convert to percentage

Answer:
m = 5 n = 
Step-by-step explanation:
5/2x2=5
5/3xsqrt3=5sqrt3/2
In this case we have an ARM fixed for 6 years and adjust after the initial first 6 years every 2 years after. The basic idea behind a ARM is that the interest changes periodically, but since our ARM is fixed for 6 years, our going to calculate the monthly payment during the initial period using the formula:

where

is the monthly payment

is the amount

is the interest rate in decimal form

is the number years
First we need to convert our interest rate of 4% to decimal form by dividing it by 100%:

We also know from our question that

and

, so lets replace those values into our formula to find the monthly payment:


We can conclude that the monthly payment during the initial period is $1071.58<span />
Answer:f=-1
Step-by-step explanation: