Answer:
$25,695
Step-by-step explanation:
You can calculate the price of the car in 2000 using the formula to calculate the future value:
FV=PV(1+r)^n
FV= future value
PV= Present value: $7,500
i= rate: 5.5%
n= number of years: 2000-1977= 23
FV= 7,500*(1+0.055)^23
FV= 7,500*(1.055)^23
FV= 7,500*3.426
FV= 25,695
According to this, the approximate value of the car at the time of the auction is $25,695.
Answer:
6
Step-by-step explanation:
2x -4 = 8 , 8+4=12 , 12÷2=6
Answer:
1/3, 1, 3/25, 1/2, 36/49
Step-by-step explanation:
When dividing fractions you flip the second fraction and multiply across
Well, when you want to make 15 a percentage, You need to know of what, for an example, 20 percent of 100 is 20% percent because 20/100= 0.20 which equals 20%. What is 15 of? Fill in the blank. 15 percent of ___=? which would be 15/?
