The next larger tenth is 10.1 .
The next smaller tenth is 10.0 .
10.04 is nearer to 10.0 than it is to 10.1 .
So the nearest tenth is 10.0 .
The formula is
A=p (1+r)^t
A future value 7300
P present value 1500
R interest rate 0.0675
T time?
7300=1500 (1+0.0675)^t
Solve for t
Divide both sides by 1500
7300/1500=1.0675^t
Take the log for both sides
Log (7300/1500)=t×log (1.0675)
Divide both sides by log (1.0675)
T=log(7,300÷1,500)÷log(1.0675)
T=24.2 years round your answer to get 24 years
Hope it helps!
Answer:
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Grapes is $1.00 a pound and we are trying to find out 3.5 pounds so we multiply the price for one unit by the amount of units. ($1.00 x 3.5 = $3.50)
The answer is
C) $3.50
The price of a painting in the year 2022 will be $ 568,000.
<h3>What is inflation?</h3>
A rise in the amount of a certain product or service is known as inflation.
Given data;
Cost of painting in the year 2021, P₁ = $560,000
Cost of painting in the year 2022, P₂ =?
The amount increases every year,x = $8,000
The cost of painting in the year 2022 is found as;
P₂ = P₁ + x
P₂= $560,000 + $8,000
P₂ = $ 568,000
Hence the price of a painting in the year 2022 will be $ 568,000.
To learn more about inflation refer;
brainly.com/question/19263433
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