Answer:
40 and 20
Step-by-step explanation:
Answer: 64 years
Step-by-step explanation:
Let assume the dealer sold the bottle now for $P, then invested that money at 5% interest. The return would be:
R1 = P(1.05)^t,
This means that after t years, the dealer would have the total amount of:
$P×1.05^t.
If the dealer prefer to wait for t years from now to sell the bottle of wine, then he will get the return of:
R2 = $P(1 + 20).
The value of t which will make both returns equal, will be;
R1 = R2.
P×1.05^t = P(1+20)
P will cancel out
1.05^t = 21
Log both sides
Log1.05^t = Log21
tLog1.05 = Log21
t = Log21/Log1.05
t = 64 years
The best time to sell the wine is therefore 64years from now.
Answer: a) 278382 oz
b) 43 oz
c) 64.1 oz
Step-by-step explanation:
a) 8 T. 1,398 lb. 14 oz. × 6
First we need to change it in 'oz'.
As we know that
so, it becomes,
8 T. 1,398 lb. 14 oz. × 6 becomes
b) 349 lb. 6 oz. ÷ 130
It becomes,
c) 6 T. 294 lb. ÷ 3,071
First it becomes,
At last it becomes,
Hence, a) 278382 oz
b) 43 oz
c) 64.1 oz
