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
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Answer:
3
Step-by-step explanation:
To turn the word problem into an equation, when we read:
"I am thinking of a number" we write "x"
"when I double my number" we write "2x"
"and then subtract the result from 5" we write "5 - 2x"
"I get negative one" we write "-1 = 5 - 2x"
Now we solve for the number, which is x.
<em>Equation: </em>-1 = 5 - 2x
-1 = 5 - 2x
subtract 5 from both sides
-6 = -2x
divide both sides by -2
3 = x
<h3>
There we go! The number is </h3><h2>
3</h2>
Answer:
Less then denominator can be 20. I don't know equal. Greater denominator can just be 1.
Answer in simplest radical form would be 7.(:
