I hope this is the right answer
Answer:
Neither
Step-by-step explanation:
This is a linear function as opposed to an exponential function as there are no x terms in higher powers.
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:
9.33 feet = 111.96 inches
Step-by-step explanation:
If we have similar triangles, the rate between matching sides is the same.
So the length of the smaller ladder (18 ft) over the length of the taller ladder (24 ft) is equal to the distance from the bottom of the smaller ladder to the tree (7 ft) over the distance from the bottom of the taller ladder to the tree (x ft):
18 / 7 = 24 / x
x = 7 * 24 / 18
x = 9.33 feet
To find this measure in inches, we just need to multiply by 12:
x = 9.33 * 12 = 111.96 inches