Assuming that this is a compounding interest rate, we use the future value formula which is expressed as: F = P ( 1 + i )^n where F is the future value, P is the present value, i is the interest rate and n is the compounding periods. We do as follows:
F = P ( 1 + i )^n
8000 = 4000 ( 1 + 0.0553)^n
n = 12.88 yrs or about 13 years
Therefore, option D is the answer.
Answer: y = -5x/3 - 7/4
Step-by-step explanation:
The equation of a line in slope and point form is given as
y -
= m(x -
)
where m is the slope
= 2
= -3
m = -5/8
Substituting into the formula , we have
y - ( -3 ) = -5/8 ( x - 2 )
y + 3 = -5x/8 + 5/4
This could also be written in slope - intercept form , that means we will make y the subject of the formula
y = -5x/8 + 5/4 - 3
y = -5x/3 - 7/4
Answer:
4x - 4
Step-by-step explanation:
Add up all common numbers and then subtract from the total amount.
Hope it helps :))
Answer: It would not be profitable to sell it back for 100$.
Step-by-step explanation:
It would not be profitable because you might have payed 300-1000$ (Depending what phone you buy) for your phone. It would only be profitable for the older generation of the phones like iPhone 5 and iPhone 6.