1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alla [95]
3 years ago
14

Tammy’s home cost her $184,000. She lives in an area with a lively real estate market, and her home increases in value by 3. 5

% every year. If Tammy sells her home after thirteen years, how much profit will she have made, to the nearest hundred dollars? a. $8,500 b. $87,800 c. $83,700 d. $103,800.
Mathematics
1 answer:
garri49 [273]3 years ago
5 0

The profit to be made when she sells the house is $103,800.

The first step is to determine the value of Tammy's house in 13 years. The formula to be used is:

  • FV = P (1 + r)^n
  • FV = Future value  
  • P = Present value  
  • R = interest rate  
  • N = number of years  

$184,000 x (1.035)^13 = $287,767.92

Profit = value of the house in 13 years - cost of the house

$287,767.92 - $184,000 = 103,767 = $103,800

To learn more about future value, please check: brainly.com/question/18760477

You might be interested in
Hamburger is on sale for 20% off the normal $3.70 price. How much can you save per pound by buying the meat on sale? Explain you
Nitella [24]

Answer:

$0.75

Step-by-step explanation:

Given

Normal price - $3.70

If Hamburger is on  sale for 20% off the normal price

The amount that can be saved will  be 20% of $3.70

Amount that can be saved = 20/100 * 3.70

Amount that can be saved  = 1/5 * 3.70

Amount that can be saved  = 3.7/5

Amount that can be saved  = 0.75

Hence the Amount that can be saved on $3.70 is $0.75

3 0
3 years ago
Given that triangle ABC is congruent to triangle DEF find x and y
Charra [1.4K]
X will equal 12, and y will equal 18.
6 0
3 years ago
Evaluate the expression for the given value of the variable.
Stels [109]

Answer:

4 * (3 + 5)

4 * 8

<u>32</u>

Step-by-step explanation:

5 0
3 years ago
a parallelogram has vertices E(-3,1) F(0,2) G(-5,5) and H(-2,6) what are the coordinates of te midpoint of each diagonal
sesenic [268]

in parallelogram EFGH

the mid point of diagonal EG is

(-3-5)/2,(1+5)/2=(-4,3)

similarly the midpoint of diagonal FH is

(0-2)/2,(2+6)/2=(-1,4)

4 0
3 years ago
What is the area of the rectangle
NISA [10]

Answer:

E. 54cm ^2

Step-by-step explanation:

when finding the area just multiply length over width .for example 9 is the length times it to the width 6 you get 54 so the area will be 54 cm

4 0
3 years ago
Read 2 more answers
Other questions:
  • One goodie bag contains 2 pieces of candy and 3 small toys question 1 and 2 is in photo please I need help
    13·1 answer
  • A plane is descending onto the runway with an angle of depression of 55°. If it has 2.8 miles to go before landing (hypotenuse),
    14·1 answer
  • Write as a product of linear factors: f(x)=x^4-100
    14·1 answer
  • Each month for 6 months, kelsey completes 5 paintings. How many more paintings does she need to complete before she has complete
    9·1 answer
  • I don’t understand the idea how do I do it??
    12·1 answer
  • HELP ME
    8·1 answer
  • Solve the equation for y. Then find the value of y for each value of x.
    10·1 answer
  • It is 1/2 mile from the students home to a store and back. In a week, she walked to the store and back home 1 time. In the same
    15·2 answers
  • Y-3= 2/5(x-10) slope intercept​
    12·2 answers
  • I need help. I'm confused ​
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!