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anonymous

  • one year ago

MEDAL AND FAN!!!! A house cost $120,000 when it was purchased. The value of the house increases by 10% each year. Find the rate of growth each month and select the correct answer below.

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  1. anonymous
    • one year ago
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    Answer choices 0.797% 0.00797% 0.833% 0.00833%

  2. itsmichelle29
    • one year ago
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    D!!!

  3. itsmichelle29
    • one year ago
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    LOL its the right answer trust me

  4. itsmichelle29
    • one year ago
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    you take 0.10 and divide by 12 to get you answer D.

  5. anonymous
    • one year ago
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    thanks

  6. anonymous
    • one year ago
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    Solve 5^(2x) = 7^(x−1)

  7. itsmichelle29
    • one year ago
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    x=−1.528643

  8. anonymous
    • one year ago
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    @fugazi go to ur question

  9. anonymous
    • one year ago
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    that is wrong

  10. itsmichelle29
    • one year ago
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    HOw

  11. anonymous
    • one year ago
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    i got it wrong

  12. anonymous
    • one year ago
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    try C.

  13. anonymous
    • one year ago
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    that is wrong too

  14. anonymous
    • one year ago
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    i think it is B

  15. anonymous
    • one year ago
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    yeah b my bad

  16. anonymous
    • one year ago
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    the correct answer is B

  17. anonymous
    • one year ago
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    You decide to put $100 in a savings account to save for a $3,000 down payment on a new car. If the account has an interest rate of 2% per year and is compounded monthly, how long does it take you to earn $3,000 without depositing any additional funds

  18. anonymous
    • one year ago
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    is there any answer choices?

  19. anonymous
    • one year ago
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    answer choices 170.202 14.3129 171.755 168.354

  20. anonymous
    • one year ago
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    i know c and b is wrong i think it is d

  21. anonymous
    • one year ago
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    well to check yourself you can use the formula FV = PV*(1+r/n)^(n*t) the variables are FV = future value PV = present value r = interest rate n = compounding frequency t = time in years You will plug in the following FV = 3000 is the amount you want PV = 100 is the amount you have r = 0.02 n = 12 t = unknown. You are solving for this

  22. anonymous
    • one year ago
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    72000

  23. anonymous
    • one year ago
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    just plug in the choices for x in 100(1.02)^x

  24. anonymous
    • one year ago
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    till u get 3000

  25. anonymous
    • one year ago
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    i think its c

  26. anonymous
    • one year ago
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    me too

  27. anonymous
    • one year ago
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    A motorcycle cost $12,000 when it was purchased. The value of a motorcycle decreases by 6% each year. Find the rate of decay each month and select the correct answer below.

  28. anonymous
    • one year ago
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    i got -0.005% is that an answer choice?

  29. anonymous
    • one year ago
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    yes

  30. anonymous
    • one year ago
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    c was wrong a couple of comments ago

  31. anonymous
    • one year ago
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    then try that :)

  32. anonymous
    • one year ago
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    ur smart

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