Ask question

Ask question

All categories

1 year ago

8

A house is purchased for $300,000 and its value appreciates by 2.75% per year.In how many years will the house be worth $375,000

?

1 answer:

MArishka [77]1 year ago

4 0

Answer:

In 9.09 years

Step-by-step explanation:

You might be interested in

If a company’s equity is $340,000 and liabilities are $195,000, what is the value of the company’s assets?

rewona [7]

For this case, the first thing you should keep in mind is the following definition:
equity = assets - liabilities
Therefore, by clearing we have:
assets = <span>equity</span> - liabilities
Substituting values we have:
assets = (340000) - (195000)
assets = $ 145,000
Answer:
The value of the company's assets is:
assets = $ 145,000

3 0

1 year ago

Calculate the equation of the line if two points are (1,6) and (5,0) Hint, you will have to find the slope of the line and then

motikmotik

Answer:

The equation is $y=\frac{-3}{2} x-9$

Step-by-step explanation:

First, you will have to find the slope of the two points.To do that, you will have to use the formula : $m=\frac{y_{2}-y_{1} }{x_{2} -x_{1} }$

Our points are $(1,6)$ and $(5,0)$

We will have to substitute the points into the formula.

$m=\frac{0-6}{5-1}$

Then, we will simplify

$m= \frac{-6}{4}$

We could simplify that fraction into $\frac{-3}{2}$

So, our slope is $\frac{-3}{2}$

We will have to pick a coordinate point, and choose. I chose $(1,6)$

We will substitute the x-value and the y-value of the coordinate point, including our slope, to calculate the y-intercept.

The formula we will be using is $y=mx+b$

We will substitute in our values which will make it look like:

$6=\frac{-3}{2} (1)+b$

We will then multiply $\frac{-3}{2}$ by $1$ which will stay the same.

Then, we will multiply $\frac{-3}{2}$ by $6$ which will equal $-9$

$-9=b$

Hence, the equation for our line is $y=\frac{-3}{2} x-9$

Hope it helped:D

<u><em>-Jazz</em></u>

5 0

1 year ago

Stuart defines a rhombus as a quadrilateral with 4 congruent sides. Is Stuart's

SIZIF [17.4K]

Yes his definition is valid.

7 0

1 year ago

Read 2 more answers

A 250-kVA, three-phase, 480-volt transformer requires 75 gallons of insulating oil to keep it properly cooled. How many liters i

Dennis_Churaev [7]

This problem can be directly solved by using a conversion factor. Simple research will tell us that 1 gallon contains about 3.78 Liter. Therefore the volume in Liter is:

volume = 75 gallons * (3.78 Liter / gallon)

<span>volume = 283.5 Liters</span>

7 0

1 year ago

Aiden borrows a book from a public library. He read a few pages on day one. On day two, he reads twice the number of pages than

Fofino [41]

Let the number of pages read on day 1 be = x

Then on day 2 he read twice the pages from day one, it is = 2x

On 3rd day he read 6 pages less than 1st day, it is = x-6

Total pages are = 458

The equation becomes: $x+2x+x-6=458$

$4x-6=458$

$4x=464$

$x=116$

So on the third day, Aiden read $x-6=116-6=110$ pages.

5 0

1 year ago