Answer:
The annual growth rate between 1985 and 2005 is 0.95%
The value of the house in the year 2010 is $152,018
Step-by-step explanation:
Let the annual growth rate = r
Value of the house in year 1985 = $120,000
Value of the house in year 2005 = $145,000
Time (t) = 2005 - 1985
= 20 years
A = P (1 + r)^t
145000 = 120000 (1 + r) ^20
(1 +r)^20 = 145000 / 120000
(1 +r)^20= 1.2083
(1 +r)^20= (1.2083)^1/20
(1 +r)^20= 1.0095
r = 1.0095 - 1
r = 0.0095
r% = 0.0095 x 100
= 0.95%
Value of the house in year 2010
=145000(1 + r)^5
=145000 (1 + 0.0095)^5
= 145000 x 1.0484
=$152,018
Answer:
Step-by-step explanation:
Show that if 3x – 7 = 5, then x = 4.
Here, our given statement is 3x – 7 = 5, and we're asked to prove x = 4.
x=4
Statements Reasons
1. 3x – 7 = 5 Given
2. 3x – 7 + 7 = 5 + 7 Addition of 7 to equation (1)
3. 3x + 0 = 5 + 7 Substitution of –7 + 7 = 0 into (2)
4. 3x = 5 + 7 Substitution of 3x + 0 = 3x into (3)
5. 3x = 12 Substitution of 5 + 7 = 12 into (4)
6. 3x⁄3 = 12⁄3 Dividing equation (5) by 3
7. x = 12⁄3 Substitution of 3x⁄3 = x into (6)
8. x = 4 Substitution of 12⁄3 = 4 into (7)
Is there such a thing as being too descriptive? Yep, and that was it, since over half the proof was devoted to telling the reader how to do arithmetic. We'll typically take numerical computation for granted, and write proofs like this:
The total cost is $41.85
Amount Saved = 45 x 7 / 100
Amount Saved = 315 / 100
Amount Saved = $3.15 (answer).
In other words, a 7% discount for a item with original price of $45 is equal to $3.15 (Amount Saved).
Note that to find the amount saved, just multiply it by the percentage and divide by 100.
Answer:
7
Step-by-step explanation:
