Answer:
4x - 24
Step-by-step explanation:
Answer:
After 12 years the investment will be worth $5145.
Step-by-step explanation:
The formula used for compounded interest is:
A = P(1+r/n)^nt
where,
A = future value
P = Principal Amount
r = interest rate
n = no of times interest is compounded
t = time
In the question given:
A=?
P = $2100
r = 7.75% or 0.0775
n = 1
t= 12
A= 2100*(1+0.0775/1)^1*12
A= 2100 *(1+0.0775)^12
A= 2100 *(1.0775)^12
A= 2100 * 2.45
A= 5145
So, after 12 years the investment will be worth $5145.
The population in 2040 of the town can be solved using the formula
F = P( 1 -I)^n
Where F is the future population
P is the present population
I is the decline rate
N is the number of years
F = 22,000(1-0.028)^39
<span>F = 7268</span>
Answer:
0.18
Step-by-step explanation:
