Answer:
The more often your interest compounds, the more interest you'll earn on your investment. It's easy to see that money grows more quickly when it's earning compound interest than when it's earning simple interest
Step-by-step explanation:
C i believe because 180 is the overall degree and 50+28=78 and 180-78=102
The number of years it would take sales to reach $1,750,000 is 14.65 years.
<h3>What is the number of years?</h3>
The formula that can be used to determine the number of years it would take for the sales to reach $1,750,000 is:
Number of years : In (FV / PV) / r
Where:
- FV = future level of sales - $1,750,000
- PV = present level of sales = 850,000
- r = rate of growth - 4.931998%
Number of years : In ($1,750,000 / 850,000) / 0.04931998
Number of years : In (2.06) / 0.04931998
Number of years : 14.65 years
To learn more about how to determine the number of years, please check: brainly.com/question/21841217
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Answer: 24,000 / 6,200 = x years
Step-by-step explanation:
The car is valued at $24,000.
Yearly payments are $6,200.
The year that it will be paid off can be dtermined by calculating how long it would take $6,200 to get to $24,000.
You can do that by dividing $24,000 by $6,200.
Assume the number of years for the car to be paid off is x:
24,000 / 6,200 = x years
<em>When solved:</em>
<em>= 24,000 / 6,200</em>
<em>= 3.87 years </em>
Plot a point at the Y-Intercept of -1 and Plot another point at the X-intercept of 1 and the DIGITS graphing tool should make a line from there
