The percent change from one period to another is calculated from the formula:
<span><span> Where:<span>PR = Percent Rate
VPresent = Present or Future Value
VPast = Past or Present Value</span></span><span>The annual percentage growth rate is simply the percent growth divided by N, the number of years.</span>
(415.79-200)/200*100=107.89
The annual<span> percentage growth rate is simply the percent growth divided by N, the number of years.</span>
<span>
</span><span>107.89/15=7.193</span>
</span>
Answer:
$6,020,826.711
Step-by-step explanation:
The computation of the present value of that year salary is shown below:
As we know that
Present value in case of continuous compounding, the formula is
where,
The Guaranteed amount is $9,000,000
The Time period is 6 years
And, the interest rate is 6.7%
Now placing these values
So, the present value is
= $6,020,826.711
Answer:
80
Step-by-step explanation:
if 88 is 10% higher than his previous weight then his current weight is 110%
divide 88 by 110 then multiply it by 100 to find his previous weight
88 ÷ 110 × 100 = 80
Answer: f(x) = -3x + 4
Step-by-step explanation:
The function is represented by
9x + 3y= 12
This is a linear equation with x as the independent variable. This means that if x is the independent variable, the y is the dependent variable. The values of y depends on the values of x. In order to represent the function, 9x + 3y= 12, we would rearrange the function such that y stands alone on the left hand side of the equation. This becomes
9x + 3y= 12
Subtracting 9x from both sides,
9x -9x + 3y = 12 - 9x
3y = 12-9x
Dividing the lefthand side and right hand side of the equation by 3, it becomes
3y/3 = (12-9x)/3
y= -3x + 4
using function notation,
y = f(x) = -3x + 4
Answer:
20
Step-by-step explanation:
