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Thepotemich [5.8K]
2 years ago
13

Megan recently invested $2,000 dollars in a fast-growing company. Her financial advisor expects that Megan's investment will gro

w in value by approximately 6% every month.
a) Write a function rule I(m) that models the value of Megan's investment after m months.
b) How much will her investment be worth in two years? Round to the nearest cent.
Mathematics
1 answer:
MAXImum [283]2 years ago
8 0

Answer:

2090

Step-by-step explanation:

0.06 × 2000 =120 therefore 120 × 24 =2088. and round off to the cent

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a person bought two watches for 2500, she sold one of them at 10% profit & the other one at 4% loss. what was her gain or lo
Zepler [3.9K]

Answer:

profit : RS 150 and profit % : 3%

Step-by-step explanation:

for profit 10% for loss 4%

s.p will be 2750. s.p will be 2400

Total s.p : 2750 +2400. total s.p : 5150

profit = s.p-c.p. profit%=?

=5150-5000. profit = p /c.p × 100

=150 = 150/5000×100

= 3%

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3 years ago
Find the common ratio of the following geometric sequence 5/12, 1/4 , 3/20,9/100,27/500
mixas84 [53]
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7 0
3 years ago
When is 20% off better than 20$ off
Crazy boy [7]

Answer:

Price > 100$

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Step-by-step explanation:

Let us assume that x% off of price y$  is better than x$ off.

Hence, \frac{xy}{1000} > x  

Hence, y > 100

Therefore, when the price is more than 100$, then only x% off on the price is better than x$. (Answer)

Again, assume that 20% off on price y$ is better than 30$ off.

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7 0
3 years ago
Estaban is 6 years older than his brother Raoul. The sum of their ages is 38. How old are the brothers?
Over [174]

Answer:

raoul is 16 and estaban is 22

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3 years ago
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