Answer:
Current value of house is $106000
Step-by-step explanation:
We are given
A house valued at $100000
gains 6%in value
so,
current value = past house value + gain(%) * (past house value)
past house value =100000
gain(%)=6%
so, we can plug value
Current value is


Answer:
$213.41
Step-by-step explanation:
To do this question, you have to use the formula for compound interest:
A=P(1+r/n)^nt
The A is the final amount of money you make which is $237.60. P is your initial amount that you are trying to solve for. R is the rate of interest. However, for r you have to convert the percent into a decimal so divide 1.2 by 100, which would be 0.012. N is the number of times it is compounded annually which is once. And finally, t is the number of years taken, which is 9. If you substitute the numbers into the equation it should look like this:
237.60=P(1+0.012/1)^1*9
If you solve for P, you should get $213.41.
Hope this helps :)
Answer:
parallel
Step-by-step explanation:
it has the same slope
Answer:

Step-by-step explanation:


