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aliina [53]
3 years ago
5

A property sells for $140,000 two years after it was purchased. If the annual appreciation rate is 6%, how much did the original

buyer pay for it?
Mathematics
1 answer:
kykrilka [37]3 years ago
3 0

Answer:

$123,200

Step-by-step explanation:

0.06 x 2 = 0.12

140,000 x 0.12 = 16,800

140,000 - 16,800 = 123,200

You might be interested in
Find the equation of a circle with a center at (7,2) and a point on the circle at (2,5)?
monitta

Answer:

(x-7)^2+(y-2)^2=34

Step-by-step explanation:

We want to find the equation of a circle with a center at (7, 2) and a point on the circle at (2, 5).

First, recall that the equation of a circle is given by:

(x-h)^2+(y-k)^2=r^2

Where (<em>h, k</em>) is the center and <em>r</em> is the radius.

Since our center is at (7, 2), <em>h</em> = 7 and <em>k</em> = 2. Substitute:

(x-7)^2+(y-2)^2=r^2

Next, the since a point on the circle is (2, 5), <em>y</em> = 5 when <em>x</em> = 2. Substitute:

(2-7)^2+(5-2)^2=r^2

Solve for <em>r: </em>

<em />(-5)^2+(3)^2=r^2<em />

Simplify. Thus:

25+9=r^2

Finally, add:

r^2=34

We don't need to take the square root of both sides, as we will have the square it again anyways.

Therefore, our equation is:

(x-7)^2+(y-2)^2=34

4 0
3 years ago
Lamont lost 8 yards in the first quarter​
beks73 [17]

The answer is -6 sorry could not explain because have to go somewhere hope it helped

3 0
3 years ago
Help please with this question
choli [55]

Answer:

They lose about 2.79% in purchasing power.

Step-by-step explanation:

Whenever you're dealing with purchasing power and inflation, you need to carefully define what the reference is for any changes you might be talking about. Here, we take <em>purchasing power at the beginning of the year</em> as the reference. Since we don't know when the 6% year occurred relative to the year in which the saving balance was $200,000, we choose to deal primarily with percentages, rather than dollar amounts.

Each day, the account value is multiplied by (1 + 0.03/365), so at the end of the year the value is multiplied by about

... (1 +0.03/365)^365 ≈ 1.03045326

Something that had a cost of 1 at the beginning of the year will have a cost of 1.06 at the end of the year. A savings account value of 1 at the beginning of the year would purchase one whole item. At the end of the year, the value of the savings account will purchase ...

... 1.03045326 / 1.06 ≈ 0.9721 . . . items

That is, the loss of purchasing power is about ...

... 1 - 0.9721 = 2.79%

_____

If the account value is $200,000 at the beginning of the year in question, then the purchasing power <em>normalized to what it was at the beginning of the year</em> is now $194,425.14, about $5,574.85 less.

7 0
3 years ago
1/2 of 1/2 of 56 is A. 26 B. 27 C. 28 D. 29A. 26 B. 27 C. 28 D. 29
Vinil7 [7]
The answer would be C.28
5 0
3 years ago
6. The change in water level of one portion of the Mississippi River is
Gekata [30.6K]

Answer: it is A                                                                     /////////////////////////////////////////////////////

3 0
3 years ago
Read 2 more answers
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