Amount must the owner make to have the cost of the ski lift in 5 years is $6,711,045.22.
<h3>
What is compound interest?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.
A = P(1 + r/n)
P =5,500,000
r =4%= 0.004
n =4
t= 5 years.
Now,
A = P(1 + r/n)
A = 5,500,000.00(1 + 0.04/4)
A = 5,500,000.00(1 + 0.01)
A = $6,711,045.22
Hence, The total amount accrued is $6,711,045.22.
Learn more about compound interest here:
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Answer:
Step-by-step explanation:
Given
In ABC;
Required
Determine side F
In the given question;
DEF is a dilation of ABC
Comparing both triangles side by side,
Side F is a direct dilation of side C and this is calculated as follows
Answer:
The figure is a straight line.
The figure lies in the first and the third quadrants.
Step-by-step explanation:
Take five ordered pairs as 
Here, the first and second coordinates are equal.
Now, plot these points and connect them.
From the graph, it can be observed that the figure is a straight line.
Also, the figure lies in the first and the third quadrants.
Answer:
25%, the same rate of vegetation increases
Answer: 48 tickets
Step-by-step explanation:
Since the expression that gives the number of tickets a player wins if he shoots the ball in the hoop t times is expressed as 3t.
Therefore, the number of tickets that a player wins if he shoots the ball in the hoop 16 times will be:
= 3t
where,
t = 16
Therefore, 3t = 3 × 16 = 48
The player wins 48 tickets.
