A store shows a net profit of $65,250 for the year. If the store profit increases by 3.75% per year for the next 15 years what will the net profit be at that point?

Q: a baseball card is purchased for $50. a year later it's value increased to $51.50. what is the…

A: Use formula of growth rate

Q: Find the economic profit for this scenario.     Principal: $3,000     Rate: 3.5% compounded monthly…

A: To find the economic profit, calculate the future value of the principal with the given interest…

Q: If you make an investment of $5,000 and the investment earns an annual interest rate of 4.9%, in how…

A: Topic = Algebra

Q: . $700 invested at 6% compounded daily after a period of2 years

A: To find the amount after 2 years if $700 is invested at 6% compounded daily. Solution: We know,…

Q: Find the economic profit for this scenario.     Principal: $4,000     Rate: 5% compounded monthly…

A: Compound interest formula A=P1+rnnt where P is principal, r is rate of interest, n is number of…

Q: Inflation causes things to cost more, and for our money to buy less. Suppose inflation decreases the…

A: Suppose inflation decreases the value of money by 3% each year. The formula can be obtained as…

Q: How much simple interest would an investment of $2500 earn at the end of 10 years if the interest…

A: Given p=2500, rate =10% per year, time = 10 year

Q: A savings account has an initial balance of $1,000 and earns 3 percent interest compounded monthly.…

A:

Q: You buy a new car for the price of $28,750 and, on average, that car’s value will depreciate by…

A: Buy car price of $28,750  depreciate by 18.25% each year. determine the time when your car’s value…

Q: To increase his retirement income. A man put away $600 per month for 25 years in an account that…

A:

Q: You are saving for a dream vacation that will cost $5,000.  How many years will you have to wait…

A: We need to calculate the time taken for the amount to become 5000 $

Q: Suppose the value of your car is decreasing by 18% per year. If your car is currently worth $20,000.…

A:

Q: You buy a new computer for $2750. Every year, its value decreases by 7.5%. What will be the value of…

A: Here the price of the computer is decreasing at a rate of 7.5% as that of the pervious year. So the…

Q: Roofs and HVAC units are two of the most expensive investments for homeowners (a basic HVAC unit…

A:

Q: . An investment of $2950 earns 6.50% interest per year. Calculate the value of the investment when…

A:

Q: A starting principal of $8000 continuously compounds for 9 years, resulting in an acquired amount of…

A:

Q: 6) Approximately how long will it take for $10000 to become $20000 at 4%. ||

A: The solution is given below

Q: How many years will it take $1 to triple $3 at an annual rate of 5 %

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Q: Find the economic profit for this scenario.     Principal: $2,000     Rate: 6% compounded monthly…

A: Compound interest formula A=P1+rnnt where P is principal amount, r is rate of interest, n is number…

Q: An investment of 6,000 grows at a rate of 4% for one year, then at a rate of 9% for three years.…

A: Investment amount = 6000 Rate of return for first year = 4% Rate of return for three years = 9% * 3…

Q: Suppose you decide to give up your weekly trip to Amy’s ice cream and instead deposit the $12 you…

A:

Q: You deposit $2000 in an account earning 7% interest compounded continuously. How much will you have…

A:

Q: When purchase a stock for 10 pesos and then sell it one month later at 20 pesos, you are buying low…

A: Given problem Given that   When purchase a stock for 10 pesos and then sell it one month later at…

Q: Complete the table for a savings account subject to continuous compounding (A= Pert). Amount Annual…

A:

Q: Find the economic profit for this scenario.     Principal: $2,500     Rate: 6% compounded monthly…

A: Compound interest formula A=P1+rnnt where P is principal amount, r is rate of interest, n is number…

Equations and Inequations

Equations and inequalities describe the relationship between two mathematical expressions.

Linear Functions

A linear function can just be a constant, or it can be the constant multiplied with the variable like x or y. If the variables are of the form, x2, x1/2 or y2 it is not linear. The exponent over the variables should always be 1.