The future worth of a certain item or money deposited at a certain percentage is obtained by the equation,
F = P x (1 + i)^n
F is the future worth, P is present worth, i is the percentage, and n is the number of years.
n = 2013 - 1938
n = 75
Substituting the known values,
300,000 = 100 x (1 + i)^75
The value of i from the equation is 0.1126.
The answer to this item is 11.26%.
Answer:
The slope is 0
Step-by-step explanation:
All y-values are equal to 5 meaning the graph is a straight horizontal line. Slope is the rate at which a graph increases or decreases. Seeing as this graph doesn't do so, the slope is 0.
Answer:
Step-by-step explanation:
(21²+10²)½ = 23.25= 23.3
Answer:
Step-by-step explanation:
Represent Alice with A, her friend with F and you with Y.
From the question, we have:
--- Twice as much Alice means 2 times Alice's earnings
--- 2 less than her friend
Required
Determine the total amount
Substitute 
for A in
Substitute 
for F in
The total amount is calculated by adding the earnings of Alice, her friend and you
<em>Hence, the total earnings is 5d - 2</em>
