Answer:
2027 = $122.25
2016 = $48
Step-by-step explanation:
Find 1% of 75
75 / 100 = 0.75
multiply by 9
0.75 * 9 = 6.75
So that's $6.75 each year
Now, lets find our answers for 7 years.
6.75 * 7 = $47.25
75 + 47.25 = $122.25
<u>The stock will be $122.25 in 2027</u>
Now for 2016.
$6.75 * 4 = $27
$75 - $27 = $48
<u>The stock was $48 in 2016</u>
You didnt include the (presumably) multiple choice answers. My guess is that the answer would be along the lines of: 20 - (P times .40)
Answer:
the reciprocal is just x because x over 1 is just x
Step-by-step explanation:
Hope this helps! :)
Answer:
See the solution
Step-by-step explanation: