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Papessa [141]
2 years ago
10

The value of an antique chair is expected to increase by 3% every year. If the chair was bought for $1,020 in 2001, find its exp

ected value in the year 2015, rounded to the nearest dollar.
Mathematics
1 answer:
castortr0y [4]2 years ago
8 0
Hi there
The formula is
A=p (1+r)^t
A future value?
P present value 1020
R rate of increases 0.03
T time 2,015−2,001=14 years
So
A=1,020×(1+0.03)^(14)
A=1,542.8 round your answer to get
A=1543

Hope it helps
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Answer:

Hey!

The average of these amounts is : $183,636.70!‬

Step-by-step explanation:

To find the average, we have to add all the values up which gives...

= 918,183.50!

And then divide this number by the amount of values you added up...

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So your average is $183,636.70!!

HOPE THIS HELPS!!‬‬

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bezimeni [28]

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6 0
2 years ago
Read 2 more answers
A circle has diameter of 11cm
dlinn [17]

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<u>Step-by-step explanation:</u>

Here we have , A circle has diameter of 11 cm  A square has side length of 7 cm . Use Pythagoras’ Theorem to show that the square will fit inside the circle without touching the edge of the circle . Let's find out:

We know the concept that for any square to fit inside the circle without touching the edge of circle  , diagonal of square must be less than diameter of circle  . Let's find out length of diagonal by using Pythagoras Theorem :

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