Given the initial rent is $40000, and the rent is increased by 0.5% each year, the rent in the third year will be given by:
FV=P(1+r)^n
FV=40000(1.05)^n
Thus the answer for the sum of payments for 3 years will be:
The summation is 1.05 raised to n years times $40000, where the years is from 0 to 3.
Answer:
I'm not answering your question but I wanted to tell y'all to have a good day!<3
Step-by-step explanation:
It’s a function. So for every X-input, there is a Y-output. Or in this case, P-input and C-output. When you plug in 1 for P in the equation, you get the answer for c which is 115. Continue plugging in the number of painting sold for the P and you get your output of c! Use the chart given. Hope this helps
The rodent population was 80,000 if you've ever seen the movie ratatouille you know that rat Spohn like crazy
Answer: 25
Step-by-step explanation: Your welcome