Kathleentierneyy Kathleentierneyy
  • 03-01-2018
  • Mathematics
contestada

A necklace is valued at £1200
It’s value is expected to increase by 4.5% per year over the next 3 years.
Calculate the expected value of the necklace after this time

Respuesta :

firatk
firatk firatk
  • 03-01-2018
You do 100+4.5 = 104.5
Then divide the answer by 100, so 104.5/100 = 1.045
You then do 1.045^3 x £1200 = £1369.39935 = £1369
Answer Link

Otras preguntas

Write the sum using summation notation, assuming the suggested pattern continues. 6, -18, 54, -162, +… Is this sequence arithmetic or geometric? Explain your an
Find the area of triangle ABC. [PLEASE HELP ME!!] A.12.16units B.18.52units C.31.27units D.15.14units
If K = (AB)/(A+B) , then B =?
Pencils are sold in a local store for 55 cents each. The factory has $1300 in fixed costs plus 15 cents of additional expense for each pencil made. Assuming al
Fix the two words that are used incorrectly. The Griffith Observatory in California is quiet popular with visitors because of it's engaging exhibits which inclu
The radius of a circle is increasing at the rate of 0.1 cm/sec. At what rate is the areaincreasing at the instance when r=5cm?​
1. Determine whether the matrices are inverses.
Change The Following To Imperative Sentence. We Are Not Late.
consider the functions f(x)=-2x+4 and g(x)=8x-2 calculate the coordinates of the x and y interceptes of f(x)​
look at the image for the question