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
I’m gonna assume it’s 5x(2)+45x
10x+45x=55x
Step-by-step explanation:
x=y
y=1/z^3
Now,
for equation,
x=y=1/z^3
Answer:
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Step-by-step explanation:
