Answer:
You can use something called Desmos... I hope this helped
Step-by-step explanation:
Answer: 64 years
Step-by-step explanation:
Let assume the dealer sold the bottle now for $P, then invested that money at 5% interest. The return would be:
R1 = P(1.05)^t,
This means that after t years, the dealer would have the total amount of:
$P×1.05^t.
If the dealer prefer to wait for t years from now to sell the bottle of wine, then he will get the return of:
R2 = $P(1 + 20).
The value of t which will make both returns equal, will be;
R1 = R2.
P×1.05^t = P(1+20)
P will cancel out
1.05^t = 21
Log both sides
Log1.05^t = Log21
tLog1.05 = Log21
t = Log21/Log1.05
t = 64 years
The best time to sell the wine is therefore 64years from now.
The answer is B due to the corresponding 130
Answer:
Amount theta she is putting in Checking account is 2272.80
Step-by-step explanation:
Given:
Amount on check = 2941
Amount that he want in cash = 100
Amount she put in saving account = 20% of remaining after getting cash
Remaining Amount she put in checking account.
To find: Amount in her Checking Account.
Amount left after taking cash = 2941 - 100 = 2841
Amount that she put in saving account = 20% of 2841 =
= 568.20
Amount in her checking account = 2941 - 100 - 568.20 = 2272.8
Therefore, Amount theta she is putting in Checking account is 2272.80
Answer:
3 18/25, 4.725, 19/4, 4.87
Step-by-step explanation: