The Smiths bought an apartment for $78,000. Assuming that the value of the apartment will increase in value 5% a year, how much will the apartment be worth in 6 years? Answer to the nearest penny.

Answers

Answer 1

The value of the apartment in 6 years is $104,527.46.

What is the future value of the apartment?

The value of the apartment appreciates (increase in value) by 6% every year. The formula that can be used to determine the future value of the apartment is:

FV = P (1 + r)^n

Where:

FV = Future value P = Present value R = interest rate N = number of years

$78,000(1.05)^6 = $104,527.46

To learn more about future value, please check: https://brainly.com/question/18760477

Answer 2

The worth of the apartment after 6 months is =$23,400

Simple interest

The original amount of the apartment(p) = $78,000

The rate of increase of the value of the apartment is(r)= 5%

Time(t) = 6years

But simple interest =

[tex]si = \: \frac{p \times t \times r}{100} [/tex]

[tex]si = \frac{78000 \times 6 \times 5}{100} [/tex]

[tex]si = \frac{2340000}{100} [/tex]

si = $23,400

Therefore, the worth of the apartment after 6 months is =$23,400

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Related Questions

I WILL GIVE BRANLIEST AND FIVE STAR AND HEART ANDD LOTS OF POINTS
(if answered correctly)

Answers

Answer:

54 units²

Step-by-step explanation:

The area of the entire square is 81 units^2 (9*(5+4))

The bottom-left triangle has an area of 6 units^2 ((4*3)/2)

The bottom-right triangle has an area of 10 units^2 ((5*4)/2)

81-(6+10)=65

PLEASE HELP ASAP
Which action can lead to overdraft?
A. only using credit cards
B. paying close attention to debits and balances
C. recording checks as soon as you write them
D. using a debit card with funds earmarked for a previously written check

Answers

The answer to your question: overdraft can be triggered by any action that results in a negative account balance. This might also include: An automatic payment deducted that can be deducted from your account when you don't have enough money to cover the cost.

Step-by-step explanation:

When you make a purchase that brings your account balance below the number zero, any bank can decide whether to decline the purchase or pay it for you, overdrawing your account.

Most of the time, a bank or credit union will base the overdraft on your available balance—the amount of money in your account that you can spend, withdraw, or cover transactions. Sometimes, your listed balance is different from your available balance, so be sure to check your available balance and verify what the bank actually believes you can spend. Additionally, know that banks might order transactions in different ways, reducing your available balance. For example, a debit might be taken out before a credit is applied, which can result in an overdraft, even if you think you have sufficient funds in your bank account.

Hope this helped!!

p.s. pls mark my answer as the brainliest! thanks~

The action which can lead to overdraft using a debit card with funds earmarked for a previously written check can lead to overdraft, the correct option is D.

What is a debit card?

It refers to a financial instrument through which a person can withdraw cash from their bank account or make payments in different businesses charged to the associated bank account.

We are given that

An overdraft action

Now,

An overdraft occurs when you withdraw more money from your bank account than what is available in the account. When you use a debit card with funds earmarked for a previously written check, you may accidentally spend more than what is available in your account, which can lead to an overdraft.

Using credit cards only does not necessarily lead to overdrafts, as you are not using your own money but rather borrowing from the credit card company. Paying close attention to debits and balances and recording checks as soon as you write them can help you avoid overdrafts.

Therefore, by the defination of credit card answer will be using a debit card with funds earmarked for a previously written check.

Learn more about debit and credit cards here: brainly.com/question/27350251

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Srudy the picture. The angles of the triangle have been rearranged. How does this prove that the angles of the triangle add up to 180°?​

Answers

Answer:

all 3 angles make 1 straight line

a straight line is a 180 degrees

Step-by-step explanation:

Angle between 0 and 360 coterminal to 444 degrees

Answers

Answer:

444 is coterminal to 84

Step-by-step explanation:

Just subtract 360 from 444 and you have your answer

444 - 360 = 84

The graph of f of x equals x squared is shown. A transformation is applied to f of x resulting in the function g of x equals x squared plus 2. Which graph shows g of x?Answer options with 4 options.F of x is a parabola with a vertex at (0, 0) that opens up. G of x is a parabola with a vertex at (2, 0) that opens up.C.F of x is a parabola with a vertex at (0, 0) that opens up. G of x is a parabola with a vertex at (0, negative 2) that opens up.B.F of x is a parabola with a vertex at (0, 0) that opens up. G of x is a parabola with a vertex at (0, 2) that opens up.D.F of x is a parabola with a vertex at (0, 0) that opens up. G of x is a parabola with a vertex at (negative 2, 0) that opens up.

Answers

Answer:

f(x) is a parabola with a vertex at (0, 0) that opens up

g(x) is a parabola with a vertex at (0, 2) that opens up

Step-by-step explanation:

Quadratic equation:  [tex]y = ax^2 + bx + c[/tex]

The graph of a quadratic equation is a parabola.  The value of [tex]a[/tex]determines its orientation.

If [tex]a>0[/tex] then the parabola opens upwards and its vertex is its minimum point.  

If [tex]a<0[/tex] then the parabola opens downwards and its vertex is its maximum point.

Given:

f(x) = x²g(x) = x² + 2

⇒ g(x) = f(x) + 2

So the transformation of f(x) to g(x) is an upward shift of 2 units, or

a translation of f(x) by the vector [tex]\left(\begin{array}{ccc}0\\2\end{array}\right)[/tex].

Therefore, the y-coordinate of the vertex of g(x) will be 2 units more than the y-coordinate of the vertex of f(x).

Therefore,

f(x) is a parabola that opens upwards with a vertex at (0, 0)g(x) s a parabola that opens upwards with a vertex at (0, 2)

Evaluate the expression: 3^3+3(4+1/3)

Answers

Answer:

30

Step-by-step explanation:

= 3^3 + 12 + 1

= 27 + 12 + 1

= 30

A downtown parking lot charges $5 per hour for the fort 2 hours, then $2.50 per hour after that. Which equations describes the total cost y as a function of the hours x?

Answers

We will get the piecewise function:

y = f(x) = $5*x  for 0 ≤ x ≤ 2y = f(x) = $10 + $2.50*(x - 2)    for  2 < x

How to write the piecewise function?

We know that the parking lot charges $5 per hour for the first two hours, and then $2.50 per hour after that.

So the function behaves differently in different intervals of its domain, this will be a piecewise function. To write it, we just need to clarify how the function behaves in each part of the domain.

Here the function will be:

y = f(x) = $5*x  for 0 ≤ x ≤ 2y = f(x) = $10 + $2.50*(x - 2)    for  2 < x

So for the first two hours (x is the number of hours), the cost is $5, then for any hour after that, the cost will be the $10 for the first two hours plus $2.50 for each hour after that.

That is the piecewise function that describes the total cost y as a function of the number of hours, x.

If you want to learn more about piecewise functions, you can read:

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Multiples that are shared by
two or more numbers are_____.

Answers

Answer:

common multiples

Step-by-step explanation:

hope that helps you

Which algebraic rule describes a transformation? A (x, y)➡️(-x, y). B (x,y) ➡️ x, -y). C (x, y) ➡️ (-x, -y). D (x, y) ➡️ (-y, -x)

Answers

Answer:

(x,y,) (-x,-y)...................

PLEASE HELP ME QUICKKK, FIRST CORRECT PERSON GETS BRAINLIEST​

Answers

The percent decrease: 25%

The percent decrease: 33.33..%

So, B is the correct statement

C.)

Explanation: the percentages decreased was 25% while the percentage increased from 60 was 33%. From this 25< 33 so C. Would be best bet!

Katie swims laps in a pool shaped like a rectangular prism.

The pool has a width of x feet. The length of the pool is 2 feet more than the width. The depth of the pool is 4 feet less than twice the width.

Given the pool's volume in cubic feet is 24 times its width in linear feet, what is the depth of the pool?

Enter your answer in the box.

Answers

Answer:

C.

Step-by-step explanation:

Length (l)= 5 ft.

Width (w)= 4 ft.

Height (h)= 2 ft.

An office store pays a whole price of $120 for a laser printer and sells it for $174. What is the pecent mark up

Answers

Answer:

its by 54%

Step-by-step explanation:

because it is raising the price by making money by 54%. and that its using the calculator in any way.

If - 20 is added to a number, the sum will be 8 times the number. Find the number.
...
I’m not understanding this equation

Answers

Let the number = x


add -20’tonx to have x + -20 which becomes x-20

That equals 8 times the number x

The equation becomes

X-20 = 8x

Subtract x from both sides :

-20 = 7x

Divide both sides by 7:

X = -20/7


The number is -20/7

Your sister is getting married this summer and she has asked you to help her select a D.J. for the big event. You called around and found that Dave the D.J. charges a $150.00 set-up fee, plus $10.50 per hour. You discover Marvin’s Mobile Music Machine has a $135.00 set-up fee, plus $15.00 per hour.

Which D.J. will you recommend to your sister? Be sure to clearly support your recommendation mathematically.

Answers

Answer:

I will choose Marvin's mobile money music machine

Step-by-step explanation:

because it is less priced

please help me! I will give brainliest!!!

Answers

Answer:

4925 cm²

Step-by-step explanation:

Shaded region is the difference of the areas of the parallelogram and the white square:

A = 111*50 - 25*25 = 4925 cm²

For parallelogram

Area

BH50(111)5550

For square

Area

Side²25²625cm²

Area of shaded region

5550-6254925cm²

Part A: Determine the perimeter of the triangle to the nearest hundredth.

Answers

Here is the solution steps and the answer.

Jo bought 5 lb potatoes for 2.89 a loaf of bread for 1.79 and a can of soup for 1.63 she gave the clerk 10 dollars how much should she get back

it should be easy but i just forgot how to get thhe awnser

Answers

Answer:

$3.69 in change

Step-by-step explanation:

10-2.89-1.79-1.63=3.69

Answer : 3.69 Dollars

Explanation : 2.89 + 1.79 + 1.63 = 6.31                     10-6.31 = 3.69

YusuCr

Some one please help me

Answers

Initially we can display the ratio as:

72:36.

Both numbers are divisible by 36 as that is your highest common factor for both.

72/36 = 2
36/36 = 1

After simplification, we get the answer of 2:1

What is the area of this triangle? 0 480 m2 525 m2 675 m2 900 m2​

Answers

Answer:

480 m²

Step-by-step explanation:

A = bh/2

A = 64 m × 15 m / 2

A = 480 m²

ANSWER<3

A.480m2<3

Step-by-step explanation:<3

if the answer is wrong I can fix my mistake and you will get the right answer

               have a great day hope you get good grades and

                       get a 100 on this quiz and if you do then g-

                            ood job <3

please answer asap! will give brainliest!! How many solutions does the system of equations x − y = − 2 and y = (2x + 3)2 − 2 have?

Infinitely many
0
1
2

Answers

The number of solutions the system of equation x - y = -2; y = (2x + 3) is one solution.

The correct answer option is option c

How to find number of solutions in a system of equation

x - y = -2

y = (2x + 3)

Substitute equation (2) into (1)

x - y = -2

x - (2x + 3) = -2

x - 2x - 3 = -2

-x = -2 + 3

-x = 1

x = -1

Substitute the value of x into equation (1)

x - y = -2

-1 - y = -2

Add 1 to both sides

-y = -2 + 1

-y = -1

divide both sides by the coefficient of -y which is -1

y = -1/-1

y = 1

In conclusion, the equation x - y = -2; y = (2x + 3) has only one solution.

Read more about system of equation:

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Answer:

It's two solutions

Step-by-step explanation:

100% sure look at the graph, the functions intersect exactly two times.

A parking lot is rectangular in shape. On a scale drawing, the length of the parking lot is foot long and the width is į foot long.
The length of the actual parking lot is 150 feet.
What is the width of the actual parking lot?
Enter your answer in the box.
ft

Answers

Answer:

100ft

Step-by-step explanation: I took the quiz

What is the value of Fraction 1 over 2x3 + 3.4y when x = 2 and y = 5? 80 points

Answers

Answer:

1/29 (≈ 0.0345 if you want it in decimals)

Step-by-step explanation:

[tex]\frac{1}{2x3+3.4y}[/tex] then plug in the numbers given

[tex]\frac{1}{2(2)3+3.4(5)}[/tex]then simplify

2(2)3=4*3=12

3.4(5)=17

1 over 12+17

1 over 29

so the answer is [tex]\frac{1}{29}[/tex] which is 0.0344827586207 in decimals depending on whar format you want

Hope this helps!

Solution:

Note that:

Given fraction: [tex]\frac{1}{2x(3) + 3.4y}[/tex]x = 2y = 5

Substitute the values into the fraction to find the solution.

[tex]\frac{1}{2x(3) + 3.4y}[/tex]=> [tex]\frac{1}{4(3) + 17}[/tex]=> [tex]\frac{1}{12 + 17}[/tex]=> [tex]\frac{1}{29}[/tex]

The solution when x is two and y is five is 1/29.

Solve the equation for x
-4x– 1 = 5^x+ 4
=

Answers

the answer.. .... is

= - 1.28

A family goes to a theme park. The two grandparents pay 1/3
of the full entrance price. The two parents pay full price and the three children pay half price. A full price tickst costs £5.70. How much was the total cost of admission for the family?​

Answers

grandparents ticket each: £1.90 x 2 = £3.80
parents ticket each: £5.70 x 2 = £11.40
children ticket each: £2.85 x 3 = £8.55
total: £23.75
1/3 x 5.70 = £1.90 (what a grandparent payed)

£1.90 x 2 = £3.80 (the cost for both grandparents)

5.70/2 = £2.85 (what one child payed)

2.85 x 3 = £8.55 (the cost for all three children)

5.70 x 2 = £11.40 (the cost for both parents)

Add them all up

3.80 + 8.55 + 11.40

= £23.75 for the whole family

I’ll give you brainliest if you guys answer This question

Answers

1 quart=32oz
He should buy 2 quarts to get 64oz
The answer is 2

which is the wrong one? BIGGER OR SMALLER

help

Answers

Answer:

It's D. 1.2(line) < 3.1(pi) < 4.6(square root 22)

Step-by-step explanation:

Look in the comments to figure out why D is correct. You're welcome! :)

Which of the equations below could be the equation of this parabola?
A. y = 4x2
B. x = 4y2
C. X=-4x2
D. Y=-4x2

Answers

The answer is D final bc it’s is on y axis and the -4 comes because it’s going down the the y axis. D is final answer

Answer:

D

Step-by-step explanation:

The graph opens downward so we would expect the integer to be negative. Also because the parabola opens downward you cannot have the equation be X=, this leaves Y=-4xsquared as the only viable option

Evalaute the following
x=2 y=2
4xy^2-6

Answers

Answer:

→ 26

Step-by-step explanation:

Given that: x = 2, y = 2

→ 4xy²-6

→ 4(2)(2)²-6

→ 8*4-6

→ 32-6

→ 26

Solution:

4xy² - 6x = 2y = 2

Let's substitute the values to obtain our answer.

Solving the term "4xy² - 6"

4xy² - 6=> 4(x)(y²) - 6=> 4(2)(2²) - 6=> 4(2)(4) - 6=> 32 - 6=> 26

Hoped this helped!

find the measure of the exterior angle ( SHOW YOUR WORK ) !!!!

Answers

Knowing that an exterior angle of a triangle is equal to the two interior angles that are away from the angle it is touching,

we get our equation:

6x+8=30+4x+2

Simplifying,

2x=24

x=12

So, we get the variable x is 12.

It's not over yet, since we were asked to calculate

6x+8

Substituting, we get

6(12)+8=

72+8=

HRQ is 80 Degrees

-Hunter

Answer:

Step-by-step explanation:

6x+8=30+4x+2

Simplifying,

2x=24

x=12

we get the variable x is 12.

It's not over yet, since we were asked to calculate

6x+8

Substituting, we get

6(12)+8=

72+8=

This one's a bit hard, could use a bit of help.

Please & Thank you!

Answers

Answer:

a) 5 / 9

b) (-9) / 2;   9 / (-2)

Negative signs cancel each other out, thus (-5)/(-9) = 5/9

a negative on the entire quantity of a fraction is the same as a negative numerator divided by a positive denominator and vice versa, etc.

hope this helps

Answer:
(a) 5/9
(b) -9/2, 9/-2
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