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

help me find the natural logarithum of csch^-1 ((-1)/(2 sqrt(30)))
round 762 to the nearest hundred
Which of the following statements best describes the Yangtze River?
what are the three aspects of overall health
Which influential work about the Vietnam War was written by Tim O'Brien?
Why do two resistors in parallel together contain less resistance than the same two resistors in series?
Write the solution to the system below: -3x+y=6 y=-[tex] \frac{1}{2} [/tex]x-1 Note: You can also answer "No solution" or "Infinite Many" solutions
what is the expanded form for 11,760,825
what number is 1/3 of 654
Which religious movement was joined by organized labor to improve work-related concerns