P = P₀ (1 + r)ⁿ
= 1.17(1 + 0.09)⁵
= 1.17(1.09)⁵
= 1.17(1.5386)
= 1.80
Answer: $1.80
Note: If you don't know the formula, you could calculate each year.
Year 0: $1.17
Year 1: $1.17 + $1.17(0.09) = $1.2753
Year 2: $1.28 + $1.28(0.09) = $1.3948
Year 3: $1.39 + $1.39(0.09) = $1.5155
Year 4: $1.51 + $1.51(0.09) = $1.6464
Year 5: $1.65 + $1.65(0.09) = $1.7982 <em>which rounds up to $1.80</em>
<span>a) dollar markdown = price reduction = $74 - $48 = $26</span>
<span>b) percent markdown = (initial - final) / initial × 100% = 26/74 × 100% = 35.1%</span>
Answer:
(0, -1)
Step-by-step explanation:
Find the slope by drawing a triangle connecting two point (in a corner) on the graph:
rise 2 run 3 and it's in a negative direction so the slope is -2/3
a perpendicular slope will have the opposite reciprocal slope which would be 3/2
put the point (2,2) on the line and count down three and to the left two and up three and to the right two (to make the slope positive). Draw the line that will be perpendicular to the given line. It will pass through (0,-1)
This can also be solved mathematically if needed.
d
rise goes over run in these slope equations for some reason
18x-24+2x
20x-24
You simply multiply the 6 with everything in the fraction and the add the 2 x to it.