Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
Answer:
$12.6 after marking it up by 90%
Step-by-step explanation:
Area of wooden support is 36 square inches
<em><u>Solution:</u></em>
Given that, carpenter cut out a small trapezoid as a wooden support for the front step
<em><u>The area of trapezoid is given as:</u></em>

Where, "h" is the height
"a" and 'b" are the length of base
Here given that,
Height = h = 4 inches
a = 6 inches
b = 12 inches
Substituting the values we get,

Thus area of wooden support is 36 square inches
Answer:
I believe it would be - (n+4) x 2
Step-by-step explanation:
Answer:
Step-by-step explanation:
First you need to find the price for one binder. If 2 binders cost 4.36 you have to divide by 2 to find the price for 1. You should get 2.18. Then you have to see how many times you can multiply 2.18 without having the product go over 2.18. 2.18 • 22 = 47.96, the number closest to 50 without going over. Therefore, she can buy 22 binders.