Amount must the owner make to have the cost of the ski lift in 5 years is $6,711,045.22.
<h3>
What is compound interest?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.
A = P(1 + r/n)
P =5,500,000
r =4%= 0.004
n =4
t= 5 years.
Now,
A = P(1 + r/n)
A = 5,500,000.00(1 + 0.04/4)
A = 5,500,000.00(1 + 0.01)
A = $6,711,045.22
Hence, The total amount accrued is $6,711,045.22.
Learn more about compound interest here:
brainly.com/question/14295570
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To answer this would have to find the circumference of the circle
Answer:
The third (C) option is the answer.
Because 4 is repeating in x coordinate,
that is called <u>D</u><u>o</u><u>m</u><u>a</u><u>i</u><u>n</u>.
It's allowed to be repeated in y coordinates,
that is called <u>R</u><u>a</u><u>n</u><u>g</u><u>e</u><u>.</u>
Good luck!
Intelligent Muslim,
From Uzbekistan.
Answer:
9x+6
Step-by-step explanation:
I think by equivalent, you mean solve it.
5x+(x+6)+3x
5x+x+6+3x, open the parenthesis
9x+6, add up the like terms
