First question:
interest rate is 5% annually. After 4 years relative value of interest will be 1.05^4
Now we multiply that with starting funds and get
4000* 1.05^4 = 4862.03
Second question:
Because interest is 8% semiannually that means that after 35 years relative value of interest will be 1.04^(35*2)
6000*1.04^70 = 93,429.71
Third question:
after first year tractor's value will be 0.86*15450. After 3 years its value will be:
(0.86)^3*15,450 = 9,827.07
Answer:
250 of 65% acid
100 gallons of 30% acid
Really sorry if this is incorrect, I had this question on my Lesson 16 test, and I don't know if it's correct or not...
Answer:
<h3> a₁ = -1</h3>
Step-by-step explanation:
