The value of an investment property after t years can be found using the formula V =C (1 + r)^2, where V is the current
value of the property, C is the original investment,
and r is the annual rate of appreciation.
a. Solve the formula for r.
b. Lew bought a condo 20 years ago for $50,000, and the current value of the condo is $175,000. Assuming the same
rate each year, what has the annual rate of appreciation been? Round your answer to the nearest half a percent.

Answers

Answer 1

Answer:

0.871

Step-by-step explanation:

a. Solve the formula for r.

V = C (1 + r)²

dividing both sides by C, we have

V/C = (1 + r)²

(1 + r)² = V/C

taking square root of both sides, we have

√(1 + r)² = √(V/C)

1 + r = √(V/C)

r = √(V/C) - 1

b. Lew bought a condo 20 years ago for $50,000, and the current value of the condo is $175,000. Assuming the same

rate each year, what has the annual rate of appreciation been? Round your answer to the nearest half a percent.

Since r  = √(V/C) - 1 and V = $ 175,000 and C = $ 50,000

Substituting the values of the variables into the equation for r, we have

r  = √($ 175,000/$ 50,000) - 1

r  = √3.5 - 1

r = 1.871 - 1

r = 0.8708

r ≅ 0.871


Related Questions

For what value of a does (1/9)^a+1 = 81^a+1 • 27^2-a

Answers

Answer: a = -4

Step-by-step explanation:

A manufacturer receives parts from two suppliers. A simple random sample of 400 parts from supplier 1 finds 20 defective. A simple random sample of 200 parts from supplier 2 finds 20 defective. Let p1 and p2 be the proportion of all parts from suppliers 1 and 2, respectively, that are defective. Test whether the defective rates of the parts from two suppliers are significant different at the 1% significance level. Conduct a hypothesis testing. Answer the next three questions. 12. Test statistic

Answers

Answer:

The test statistic is [tex]z = -2.1[/tex]

The p-value of the test is 0.0358 > 0.01, which means that the defective rates of the two suppliers are not significant different at the 1% significance level.

Step-by-step explanation:

Before testing the hypothesis, we need to understand the central limit theorem and subtraction of normal variables.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

Subtraction between normal variables:

When two normal variables are subtracted, the mean is the difference of the means, while the standard deviation is the square root of the sum of the variances.

A simple random sample of 400 parts from supplier 1 finds 20 defective.

This means that:

[tex]p_1 = \frac{20}{400} = 0.05, s_1 = \sqrt{\frac{0.05*0.95}{400}} = 0.0109[/tex]

A simple random sample of 200 parts from supplier 2 finds 20 defective.

This means that:

[tex]p_2 = \frac{20}{200} = 0.1, s_2 = \sqrt{\frac{0.1*0.9}{200}} = 0.0212[/tex]

Let p1 and p2 be the proportion of all parts from suppliers 1 and 2, respectively, that are defective. Test whether the defective rates of the parts from two suppliers are significant different at the 1% significance level.

At the null hypothesis, we test if they are equal, that is, if the subtraction of the proportions is 0. So

[tex]H_0: p_1 - p_2 = 0[/tex]

At the alternate of the null hypothesis, we test if they are different, that is, if the subtraction of the proportions is different of 0. So

[tex]H_a: p_1 - p_2 \neq 0[/tex]

The test statistic is:

[tex]z = \frac{X - \mu}{s}[/tex]

In which X is the sample mean, [tex]\mu[/tex] is the value tested at the null hypothesis and s is the standard error.

0 is tested at the null hypothesis:

This means that [tex]\mu = 0[/tex]

From the sample proportions:

[tex]X = p_1 - p_2 = 0.05 - 0.1 = -0.05[/tex]

[tex]s = \sqrt{s_1^2+s_2^2} = \sqrt{0.0109^2 + 0.0212^2} = 0.0238[/tex]

Value of the test statistic:

[tex]z = \frac{X - \mu}{s}[/tex]

[tex]z = \frac{-0.05 - 0}{0.0238}[/tex]

[tex]z = -2.1[/tex]

P-value of the test and decision:

The p-value of the test is the probability that the sample proportion differs from 0 by at least 0.05, that is, P(|z| < 2.1), which is 2 multiplied by the p-value of Z = -2.1.

Z = -2.1 has a p-value of 0.0179

2*0.0179 = 0.0358.

The p-value of the test is 0.0358 > 0.01, which means that the defective rates of the two suppliers are not significant different at the 1% significance level.

Equations of Exponential Functions

The table of values below represent an exponential function.
Write an exponential equation that models the data.

a. y = 18.2(1.7)× c. y = 26(0.7)×
b. y = 12.71(1.3)× d. y = 12.74(0.7)×

Please select the best answer from the choices provided

Answers

Its D
Y=12.74(.7)^x
If x is 0 and y is 12.74, Plug in 0 to x
Any number with an exponent of 0 will automatically be equal to 1, therefore 12.74 times 1 is 12.74 :)

The initial value where x=0, y is 12.74 and the exponential function is

y = 12.74(0.7)×.

Option D is correct.

What is Exponential Function?

The formula f(x) = [tex]a^x[/tex] defines an exponential function, where x is the input variable as an exponent. The exponential curve is determined by the exponential function and the value of x.

The quantity drops rapidly at first, then slowly in Exponential Decay. The rate of change slows over time. As time passes, the rate of change slows.

We know the formula for an exponential function is

y= a [tex]b^x[/tex]

where a is initial value and b is growth factor.

Now, we have to find the growth factor as

We can observe from the table that the values of y decrease as x increases.

That is an example of an exponential decay function.

In an exponential decay function, the value of a growth/decay factor b is always smaller than 1.

Thus, the initial value a= 12.74 and growth factor b=0.7 that is less than 1.

Learn more about exponential function here:

https://brainly.com/question/10451996

#SPJ7

Lindsay wishes she's she could have four times the amount of jelly beans Lisa has. Which expression shows Lindsay's wish?

A) 4 + b
B) 4 - b
C) 4 divided by b
D) 4b

Answers

Answer:

D) 4b

Step-by-step explanation:

help me.. pls pls pls pls

Answers

the other side is 5 hope this helps

Answer:

the other side is 5 i think

Please please someone help me

Answers

[tex]1000ml = 1l \\ 5000ml = \frac{5000}{1000} l = 5l[/tex]

So option C, 5 litres.

Answer:

5 liters

Step-by-step explanation:

So, lets go over what we know:

There is 5000 milliliters.

There are 1000 milliliters in a liter.

To find the amount of liters, we have to divide 5000 by 1000, or total millilileters by millilileters per liter:

5000/1000

=

5

Hope this helps!

Given A(0, a) and B(b, 0) , find coordinates of C so that the orthocenter of triangle ABC lies on the triangle.

Answers

The coordinate of the point C is (0, a)

How to determine the coordinates of point C

From the question, we have the following parameters that can be used in our computation:

A = (0, a)

B = (b, 0)

As a general rule, the orthocenter of a triangle is a point located at the intersection of the lines containing the altitudes of the triangle.

This means that we start by calculating the equation of the altitude from B to line AC.

A linear equation is represented as

y = mx + c

Where

slope = m

y-intercept = c

Using the above as a guide, we have the following:

slope = (y₂ - y₁)/(x₂ - x₁)

This gives

m(BC) = (0 - 0)/(b - 0) = 0

y-intercept (c) = a

So the equation of the line BC is

y = 0 * x + a

y = a

For line AC, we have

m(AC) = (a - 0)/(0 - 0) = a/0 = undefined.

This means that the equation of the line AC is

x = 0

The equation x = 0 implies that the x-coordinate is always 0, irrespective of the y-coordinate e.g. (0, a)

At this stage, we have the coordinates of the points from lines AC and BC to be

(0, a) and (0, a)

Next, we calculate the C as follows

C = Midpoints of (0, a) and (0, a)

This gives

C = 1/2 * (0 + 0, a + a)

Evaluate

C = (0, a)

Hence, the coordinate of C is (0, a)

Read more about orthocenter at

https://brainly.com/question/29094787

#SPJ1

What is the equation of the line that passes through the points (-2, 3) and (2, 7)? (5 points)
O x-y=-1
Ox-y=-2
Ox-y=-5
O x-y=-6

Answers

The equation of the line that passes through the points (-2,3) and (2,7) is:

x-y=-5

Therefore, option(C) x-y= -5 is correct answer.

Step-by-step solution:

The algebraic representation of a line's equation is the collection of points that make up the line in a coordinate system.

Given the line passes through the points (-2,3) and (2,7)

So, the equation of the line passing through the two points is given by:

[tex]\frac{y-y_{1} }{y_{2}-y_{1} } =\frac{x-x_{1} }{x_{2} -x_{1} }[/tex]

[tex]\frac{y-3 }{7-3} } =\frac{x-(-2) }{2-(-2) }[/tex]

[tex]\frac{y-3}{4} =\frac{x+2}{2+2}[/tex]

[tex]\frac{y-3}{4} =\frac{x+2}{4}[/tex]

[tex]y-3 = x+2[/tex]

Now rearranging the above equation:

x - y + 3 + 2 = 0

x - y + 5 =0

Therefore, the equation of the line passing through the points (-2,3) and (2,7) is: x-y=-5

To know more about the "equation of a line" here:

brainly.com/question/24092819

6. What is the range of this sequence? 5, 10, 16, 3, 8, 11, 7, 10, 2 a. 14 b. 12 c. 11 d. 13​

Answers

9514 1404 393

Answer:

  d.  13

Step-by-step explanation:

The smallest number is 3.

The largest number is 16.

The range is the difference between these values:

  16 -3 = 13 . . . range of the data

What are terms and common rations ? Can someone explain to me how to solve

Answers

For the arithmetic sequence 4 - 2(n - 1), we have that:

The first term is 4.The second term is 2.The third term is zero.The fourth term is -2.The fifth term is -4.The common difference is -2.

For the geometric sequence 6 x 3^(n - 1), we have that:

The first term is 6.The second term is 18.The third term is 54.The fourth term is 162.The fifth term is 486.The common ratio is 3.

How to model the arithmetic sequence?

An arithmetic sequence is a sequence of numbers in which there is a common difference of the numbers, that is, the subtraction between consecutive terms of the sequence is always constant.

The nth term of an arithmetic sequence is given by the equation presented as follows:

[tex]a_n = a_1 + d(n - 1)[/tex]

In which:

[tex]a_1[/tex] is the first term.d is the common difference.

The sequence in this problem is defined as follows:

4 - 2(n - 1)

Which has first term 4 and common difference -2, hence the terms are:

4, 2, 0, -2, -4, -6 and so on...

What is a geometric sequence?

A geometric sequence is a sequence of numbers in which there is a common ratio of the numbers, that is, the quotient between consecutive terms of the sequence is always constant.

The nth term of a geometric sequence is given by the equation presented as follows:

[tex]a_n = a_1 \times q^{n - 1}[/tex]

In which:

[tex]a_1[/tex] is the first term.q is the common ratio.

The sequence for this problem is given as follows:

6 x 3^(n - 1)

Which has first term of 6 and common ratio of 3, hence the terms are given as follows:

6, 18, 54, and so on...

More can be learned about arithmetic sequences at https://brainly.com/question/6561461

#SPJ1

What is the solution of the inequality shown
below?
a+5>-7

Answers

The required solution for the inequality a + 5 > -7 is (-12, ∞).

What is inequality?

Inequality shows relation between two expression which are not equal to each others.

The given inequality is,

a + 5 > -7

To find the solution for the inequality,

Simplify the inequality,

a + 5 > - 7

a > - 7 - 5

a > -12

The value of a is greater than -12, implies that,

The solution for the value of the given inequality is (-12, ∞).

To know more about Inequality on:

https://brainly.com/question/20383699

#SPJ1

What is the approximate volume of this cone?
3.14 as your approximation for π


Enter your answer as a whole number, like this: 42

Answers

Answer:

942

I wish you luck! :D

give person above me brainliest since he/she/non-binary answered first

Answer:

942

Step-by-step explanation:

I just did this on a test and got 100% so I can verify this is right!

A growing amusement park is able to sell 7 times as many tickets each year as it did the year before. If you list the number of tickets sold over time, what kind of sequence will you see?​

tysm ;-;​

Answers

The kind of sequence that you will obtain when you list the number of tickets sold over time is given as follows:

A geometric sequence.

How to classify the sequence?

A sequence can be classified as either arithmetic or geometric, as follows:

Arithmetic sequence: the difference between consecutive terms is constant.Geometric sequence: the ratio between consecutive terms is constant.

If none of these statements is true, then the function is neither arithmetic or geometric.

A growing amusement park is able to sell 7 times as many tickets each year as it did the year before, which means that there is a constant ratio of 7 between the amounts of tickets sold each year, and thus this sequence is a geometric sequence.

More can be learned about geometric sequences at https://brainly.com/question/24643676

#SPJ1

PLSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSSS HEEEEEEEEEEEEEEEEEEEEEEEELLLLLLLLLP ILLLLLLLLLLLLL BIVE brainleist

Answers

Answer: 195

Step-by-step explanation:

(0.3x + 66) + (0.1x + 36) = 180. ( 180 because thats the angle of a straight line)

0.3x + 0.1x + 66 + 36 = 180

0.4x + 102 = 180

0.4x = 180 - 102

0.4x = 78

x = 195

Clothing donations are collected to help a family in need. The function g(x) represents the number of items collected where x is the number of people who donated. Does a possible solution of (60,10) make sense for this function? Explain yojr answer

Answers

Answer:

No   g(x) = x/6     for (60, 10) to be a possible solution

by this function 60 people would have to donate 1/6th of a garment each to achieve 10 full garments

Step-by-step explanation:

g(x)   number of items

   x   number of people  

the data point (60, 10) make sense as a possilbe solution     NO

g(x) = number of items       x = 60   g(x) = 10

g(60) = x/6 = 10              

         = 60/10            

by this function 60 people would have to donate 1/6th of a garment each to achieve 10 full garments

What is the equation of the
function y = x translated 3 units
up and 4 units left?

Answers

Answer:

Step-by-step explanation:

y=(x+4)+3

Answer:

y = x + 7

Step-by-step explanation:

Since y = x is a linear function, it may be confusing when using the translation tips you learned from class to solve it. However, there is an easy way to go about it.

1. Remember that when a function moves left, we use + inside of the parenthesis.

4 units left:

y = (x + 4)

2. Remember that when a function moves up, we use + outside of the parenthesis.

3 units up:

y = (x + 4) + 3

3. Add 'em up

y = x + 7

Since the function is linear, it may be confusing to see whether the graph moved up or left. However, by following the origin (0,0) of y = x and moving 4 units left and 3 units up, you will see that the origin has moved from (0,0) to (-4, 3), representing 4 units to the left and 3 units up on a graph.

Hope this helps :)

Someone pls help!!


Construct a circle through points
X, Y, and Z.

Answers

By drawing a side on any one of the points, points X, Y, and Z can be used to create the circle.

What is a circle?

It is described as a collection of points, each of which is spaced uniformly apart from a fixed point (called the centre of a circle)

How can you create a circumcircle?

First, draw three circles, each with the compass's drawing side on one of the points and the centre on another. The point of your compass should be on that point, and then you should place the drawing side on any one of the three points where they will all intersect in the middle.

To know more about circle visit:-

brainly.com/question/29142813

#SPJ1

please, if you write an absurd anwser i will report it

Answers

a) The function is continuous in it's entire domain.

b) The increasing and decreasing intervals for the function are given as follows:

Increasing: (0,2).Decreasing: (2,10).

What is the continuity concept?

A function f(x) is continuous at x = a if it is defined at x = a, and the lateral limits are equal, that is:

[tex]\lim_{x \rightarrow a^-} f(x) = \lim_{x \rightarrow a^+} f(x) = f(a)[/tex]

In this problem, we have a piece-wise function which has the definition changing at x = 2, hence the continuity must be studied at x = 2.

The lateral limits for the function in this problem are defined as follows:

[tex]\lim_{x \rightarrow 2^-} A(x) = \lim_{x \rightarrow 2} x^2 + 2 = 2^2 + 2 = 6[/tex][tex]\lim_{x \rightarrow 2^+} A(x) = \lim_{x \rightarrow 2} \frac{-3x + 30}{4} = 0.25(-3(2) + 30) = 6[/tex]

The second limit is also equals to the numeric value at x = 2, due to the equal sign in the definition, hence the function is continuous at x = 2 and for all other values in the domain.

The intervals of increase and decrease are given as follows:

Increasing: (0,2). -> y = x² increases for x > 0, the 2 changes just the range.Decreasing: (2,10). -> decreasing line, due to the negative slope.

Translation

The function for this problem is the piece-wise function A(x).

Item a asks if the function is continuous.

Item b asks when the function is increasing and when it is decreasing.

More can be learned about the continuity of a function at https://brainly.com/question/24637240

#SPJ1

A 45°-45°-90° triangle has a hypotenuse that is
[tex]16 \sqrt{2} [/tex]cm long. Each leg of the triangle is ___ cm long.


Answers

Answer:   16

Explanation:

For any 45-45-90 triangle, if each leg is x units long, then the hypotenuse is x*sqrt(2) units long. Comparing that with 16*sqrt(2) must mean x = 16.

Answer : 16

Explanation :

What is a triangle with 2 congruent sides and an obtuse angle

Answers

Answer:What is a triangle with 2 congruent sides and an obtuse angle

Step-by-step explanation:

Fast I need thsi for a test I trust you guys pleased

Answers

Answer:

x=12

Step-by-step explanation:

How can you use this pattern to find 3°

Answers

Number pattern, sequence, finding the algebraic rule and using a ... To illustrate this, consider the following sequence of numbers {1, 3, 5, 7, 9, …}.

What is Number pattern?

Number pattern is a pattern or sequence in a series of numbers. This pattern generally establishes a common relationship between all numbers.Here, we get the numbers in the pattern by skip counting by 5. Given are the steps to identify a number pattern.To solve the problems of number pattern, we need first to find the rule being followed in the pattern.

To find out the rule, we need to see the first few numbers in the series.Try to see the difference between consecutive numbers, it will help us understand the relationship between the numbers.Number pattern is a pattern or sequence in a series of numbers. This pattern generally establishes a common relationship between all numbers. For example: 0, 5, 10, 15, 20, 25, … Here, we get the numbers in the pattern by skip counting by 5.

To learn more about number pattern refer to:

brainly.com/question/28007133

#SPJ1

The complete question is -

How can you use this pattern to find 3° of the number in Series ?

If these two shapes are similar, what is the measure of the missing length j?

Answers

Answer:

45ft is the missing length j.

WILL MARK BRAINLIEST!

Answers

Answer:

D

Step-by-step explanation:

Both lines are not intersecting each other so that means they don't share a solution

If r=1 and 0=7pi/6, what is the approximate arc length?

Answers

Answer:

3.665

Step-by-step explanation:

find the area and circumference of a circle with a radius 5 m. use the value 3.14 for radius, and do not round your answers. Be sure to include the correct units in your answers.

Answers

Area and circumference of the circle are 78.5 m² and 31.4 m respectively.

What is a circle?

A circle is a shape consisting of all points in a plane that are at a given distance from a given point, the centre.

Given that, a circle have a radius 5 m

Area of a circle = π × radius²

Circumference = 2π×radius

Area = 3.14 × 5² = 3.14 × 25 = 78.5 m²

Circumference = 3,14 × 2 × 5 = 31.4 m

Hence, area and circumference of the circle are 78.5 m² and 31.4 m respectively.

Learn more about circle, click;

https://brainly.com/question/29142813

#SPJ1

What is the average rate of change between (4,1) and (3,5)

Answers

The answer is probably somewhere online

12. Remove the bracket and simplify
4y (6x-8)​

Answers

Answer:

24xy - 32y

Step-by-step explanation:

4y × 6x =24xy

4y × -8 = -32y

brainliest plz? i got 1000+ points deleted

Answer:

4y(6x-8)

[tex]4y \times (6x - 8)[/tex]

[tex]4y \times - 6x + 8[/tex]

[tex] - 24xy + 8[/tex]

[tex] - 32xy[/tex]

Answer


Enter the distance between each pair of islands. Use
the sketch tool if it helps with your thinking.
Press I'Find the Coconuts" to check your work.
Island
Distance Between Islands
(miles)
A(10,10)
B(18,4)
C(25,-5)​

Answers

9514 1404 393

Answer:

  AB = 10

  BC ≈ 11.40

Step-by-step explanation:

The distance formula is useful for finding distances between points.

  d = √((x2 -x1)² +(y2 -y1)²)

  AB = √((18 -10)² +(4 -10)²) = √(8² +(-6)²) = √100

  AB = 10

__

  BC = √((25 -18)² +(-5-4)²) = √(7² +(-9)²) = √130

  BC ≈ 11.40

_____

A sketch tool can be useful for finding or checking the answer.

carlos scored a total of 60 points in his last three basketball games. be improved in each game by scoring 6 more points than in the previous game. how many points did carlos score in his first game?

Answers

14

The sum of the games is 60 and the each score is 6 more than the previous score

14 + 20 + 26 = 60

Carlos's score in his first game was 14.

What is addition?

Addition in maths, a process of combining two or more numbers.

Given that, Carlos scored a total of 60 points in his last three basketball games. be improved in each game by scoring 6 more points than in the previous game.

Let the first score be x,

x+x+6x+6+6=60

3x+18 = 60

3x = 42

x = 14

Hence, Carlos's score in his first game was 14.

For more references on addition, click;

https://brainly.com/question/29464370

#SPJ2

Other Questions
the surface area to volume ratio determines the rate of transfer across the cell membrane.what has the best transfer rate?A: Smaller cells with a high surface area to volume ratio have the best transfer ratesB: Medium sized cells are the best for transfer rates please answer thesethank you.... what entry is 7 in the matrix below? free branliest! come come comeeee get it! PLEASE HELP IM BEING TIMED I WILL GIVR BRAINLESIT AND 20 POINTSRead the prompt, and type your response in the space provided.Choose one character from the myth Damon and Pythias and explain how and why that character changes over the course of the myth. Describe at least one conflict that character faces. Use evidence from the text to support your answer. What Is one reason more families were visiting Florida in the 1920's? How did braceros help the united states in the war effort? A container with an open top is to have 10 m3 capacity and be made of thin sheet metal. Calculate the dimensions of the box if it is to use the minimum possible amount of metal. Help me solve this plz!! Why do we use log e? What are four names for 3.09 How many atoms are there in a 2 moles of oxygen atoms? How many atoms are there in 2 moles of oxygen molecules? insist to in a firm way that something is Select the correct answer from the drop-down menu. You are conducting a survey on the best beaches in the world. The group that would probably give you the most reliable data is .A) tourists who wish to visit the beachesB) officials who manage the beachesC) tourists who have visited the beachesD) friends and family What is the purpose of an argument?(1 point) Responses to share an opinion that is supported by evidence to share an opinion that is supported by evidence to list evidence you want to share with readers to list evidence you want to share with readers to explain ways someone might disagree with you to explain ways someone might disagree with you to give facts about an informational topic Find the area of the figure. At which value(s) of x does the graph of the function F(x) have a vertical asymptote? Check all that apply.F(x) = x/(x+2)(x-1)o x=10o x=-2o x=0o x=-1o x=2o x=1 What are the 5 elements of public speaking? need help with this one The term used to refer to differences caused by experiences and circumstances unique to the generation to which one belongs is known as the