9514 1404 393
Answer:
y = 2200(1.08^t)
Step-by-step explanation:
The interest earned the first year is ...
(2376 -2200)/2200 = 0.08 = 8%
The balances the remaining years are consistent with that interest being compounded annually. An appropriate function is ...
y = 2200(1.08^t)
_____
The compound interest formula is ...
A = P(1 +r/n)^(nt) . . . . principal P earning rate r compounded n times per year for t years
Triangle ABC is similar to triangle ADE.
The scale factor from ADE to ABC is 2. We know this because two of the sides on the triangle are equally divided into 2.
29(2) = 58
BC = 58
22.7%
Given that last year stock for company A was $7200
The stock for company B last year was worth $3510
Stock in company A decreased by 24%
This means the new value of stock for company A became;
(100-24)/100 *$7200
76/100*$7200
0.76*7200 =$5472
Stock in company B decreased by 20%
This means the new value of stock for company B became;
(100-20)/100 *$3510
80/100*$3510
0.8*$3510
$2808
Original investors stock value was = $7200+$3510 =$10710
New investors stock value is = $5472+$2808=$8280
Decrease in value of stock = $10710-$8280 =$2430
percentage decrease in stock value = decrease in stock/original value of stock *100%
=2430/10710 *100 =22.689
=22.7%
Someone else had the same problem answered
So here it is
Answer:
A, B, C, D, and F are all solutions.
Step-by-step explanation:
All of the possible answers are correct except for E. Answer E is 0.001 less than -4 which would not make the equation true. Hope this helps!!
