I will have $32 470.69 in 10 yr.
I am not investing until 2 yr from now so, in 10 yr time, I will have invested for only 8 yr.
The formula for the future value (FV) of my investment is
FV = <em>C</em>(1 + <em>r</em>)^<em>n</em>
where <em>C</em> = my initial cash
<em>r</em> = the interest rate
<em>n</em> = the number of years
FV = $16 000(1.0925)^8 = $32 470.69
Answer:
y=-2/5x+21/5
Step-by-step explanation:
m=(y2-y1)/(x2-x1)
m=(3-5)/(3-(-2))
m=-2/(3+2)
m=-2/5
y-y1=m(x-x1)
y-5=-2/5(x-(-2))
y-5=-2/5(x+2)
y=-2/5x-4/5+5
y=-2/5x-4/5+25/5
y=-2/5x+21/5
<h2>Answer:</h2>
<u>Cost of basketball sneakers with tax</u> = $96.12
<u>Amount of tax</u> = 8% of cost price
= 8/100 × 96.12
= $7.6896.
<u>Cost of sneakers without tax</u> = $96.12 - $7.6896.
= $88.43.
One hundred thousand, two hundred and three.
20t² - 13tv - 15v²
20t² - 25tv + 12tv - 15v²
(5t + 3v)(4t - 5v)