5. The value of a home increases by 7% each year. Explain why the value of the home doubles approximately once each decade.

Answers

Answer 1

Answer:

Step-by-step explanation:

2x=x(1.07)^t

2=(1.07)^t

t=log2/(log 1.07) ≈10.2 4 years

so it doubles in approximately in  10.2 years

Answer 2

To solve the problem we must know about Compounding.

What is compounding?

Compounding is a process where the interest is credited to the initial amount and interest, on the whole, is charged again. and this continues for t period of time.

It is given by the formula,

[tex]A = P(1+r)^t[/tex]

where A is the value after t period of time,

P is the value of the asset at the beginning, and,

r is the rate of interest.

The value of the home doubles once each decade.


Given to us

The value of a home increases by 7% each year.

As it is given that the value of a home increases by 7% each year, therefore, the value of the home is compounding every year.

We know the formula of compounding,

[tex]A = P(1+r)^t[/tex]

Why does the value doubles?

Now, let's assume a house whose value is 'P' today, therefore, substitute the value of the house in the formula of compounding,

[tex]A = P(1+r)^t[/tex]

Substitute the rate at which the value is increasing,

[tex]A = P(1+0.07)^t[/tex]

We know that in a decade there are 10 years,

[tex]A = P(1.07)^{10}[/tex]

[tex]A = 1.967P\approx 2P[/tex]

As we can see that the value of the home is almost 2 times the 'P' therefore, twice the value of the home at the beginning.

Hence, the value of the home doubles once each decade.

Learn more about Compounding:

https://brainly.com/question/25857212


Related Questions

Point D'' (-4,-2) is a vertex of a quadrilateral A'' B'' C'' D''. The original image was rotated 270 degress counterclockwise around the origin and then reflected over the x-axis.

Part A: What are the coordinates of the original image's point D before the composition of transformations?

A. (-4,-2)
B. (-2,-4)
C. (-2,4)
D. (2,-4)

Part B: The original image is quadrilateral ABCD. Point C is on the same y-axis of point D, but five units to the right of point D. If quadrilateral A'' B'' C'' D'' is transformed following the rule (x,y)---> (x-4, y+2), what are the coordinates of point C''?

Answers

Answer:

steps below

Step-by-step explanation:

part A: D'' (-4 , -2)  (reverse) reflection over x axis -> (-4 , 2)

           (-4 , 2) rotated 270 degrees clockwise: -> D (-2 , -4)

Part B: C (-2+5 , -4) = (3 , -4)

           C" (3-4 , -4+2) = (-1 , -2)

Lian was asked to write an equation and solve this problem.

Shonda has some small spoons and 40 large spoons. If she has 68 spoons total, how many small spoons does Shonda have?

Lian’s work is shown below.

Steps
Lian’s Work
Step 1
s + 40 = 68
Step 2
s + 40 minus 40 = 68 minus 40
Step 3
s = 28

In which step, if any, did Lian first make a mistake in her work?
step 1
step 2
step 3
no mistake Who wanna mha (my hero academia anime rp wit me plz dont report)

Answers

Answer:

Its no mistake

Step-by-step explanation:

I got it right

The data represents the height, in feet, of various buildings. Find the Interquartile Range.

60, 58, 54, 56, 63, 65, 62, 59, 56, 58

Plsss helpppppp :(
This is a testt!

Answers

Answer: 6

Step-by-step explanation:

hii please help i’ll give brainliest

Answers

C: Bc 3 * c = 3c (plus 7 more) = 7+3c

Answer:

Answer C or "7+3c"

Explanation:

This is because, 7 more would mean its independent on its own side of the plus sign and 3c mean 3 multiplied by ... (any number)

Hope this helps and please mark brainliest!

Same as before this test... is just driving me crazy I'm blowing all my points through these so...

Answers

Answer and Step-by-step explanation:

For this, you would need to use the trigonometric function Sine and cosine.

The trig equations are:

sin(θ) = [tex]\frac{opposite - side}{hypotenuse}[/tex]

cos(θ) = [tex]\frac{adjacent-side }{hypotenuse}[/tex]

Let's start with Sine:

sin(60) = [tex]\frac{x}{10\sqrt{3} }[/tex]

Multiply both sides of the equation by [tex]10\sqrt{3}[/tex].

[tex]10\sqrt{3} (sin(60)) = x[/tex]

Input into calculator and solve.

x = 15

Now for Cosine:

cos(60) = [tex]\frac{y}{10\sqrt{3} }[/tex]

Multiply both sides of the equation by [tex]10\sqrt{3}[/tex].

[tex]10\sqrt{3} (cos(60)) = x[/tex]

Input into calculator and solve.

y = [tex]5\sqrt{3}[/tex]

x = 15

y = [tex]5\sqrt{3}[/tex]

These are the answers.

I hope this helps!

#teamtrees #PAW (Plant And Water)

Step-by-step explanation:

It's a right triangle with one of the angles being 60°. This means that the leftover angle is 30°. This allows me to use the attached screenshot as a reference, so please check it out if you want to understand how to easily solve those types of equations in the future. Anyway, we can specify the hypotenuse as [tex]a[/tex] .

First, let's calculate the value of [tex]y[/tex].

[tex]a[/tex] = [tex]10\sqrt{3}[/tex]

[tex]y[/tex] = [tex]\frac{a}{2}[/tex]

[tex]y[/tex] = [tex]\frac{10\sqrt{3} }{2}[/tex]

[tex]y[/tex] = [tex]5\sqrt{3}[/tex]

----

Now, let's get to [tex]x[/tex]

[tex]a[/tex] = [tex]10\sqrt{3}[/tex]

[tex]x[/tex] = [tex]\frac{a\sqrt{3} }{2}[/tex]

[tex]x[/tex] = [tex]\frac{10 \sqrt{3} * \sqrt{3}}{2}[/tex]

[tex]x[/tex] = [tex]\frac{10 * 3}{2}[/tex]

[tex]x[/tex] = [tex]\frac{30}{2}[/tex]

[tex]x[/tex] = [tex]15[/tex]

----

[tex]x[/tex] = [tex]15[/tex] and [tex]y[/tex] = [tex]5\sqrt{3}[/tex]

Please help will give you Brainliest *image

Answers

Sara buys a sweater with $7.5, so she saved $22.5.

i really need help with this:

Jasmine drew a rectangle with an area of 4 square inches. Jasmine drew a new scaled version of the original rectangle using a scale factor of 5. What is the area, in square inches, of the new rectangle?

Answers

20 most likely multiply it and see

Answer:20

Step-by-step explanation:

i wrote 10 for some reason

Multiply (5x-2)^2
A: 25x^2 - 4
B: 25x^2 - 10x + 4
C: 25x^2 - 20x + 4
D: 25x^2 + 20x + 4

Say a answer not a website

Answers

I think it’s B but I’m not sure

the number of wolves in a wildlife refuge can be modeled by an exponential function where x is the number of decades since population counts began and y is the average annual number of wolves during the decade is given in the table
WHICH GRAPH IS THE GRAPH OF THE FUNCTION??

Answers

You didn’t even show the graphs tho

can some pls help me find the slope of this line i really really need help​

Answers

Answer:

Slope = Rise over Run

Rise = 2

Run = 3

Slope = 2/3

Let me know  if this helps!

Need help asap thank you

Answers

The answer would be 65°

The area of rectangular is 64m the length of the pool is 12 m less that the width .The situation can be represented by the equation x

Answers

Answer:

Width = 16 m

Length = 4 m

Step-by-step explanation:

The area of rectangular is 64m² the length of the pool is 12 m less that the width . The situation can be represented by the equation x

Area of a rectangle = Length × Width

L = W - 12

Hence:

64 = (W - 12) × W

64 = W² - 12W

W² - 12W - 64 = 0

Factor using

(W + 4)(W - 16) = 0

Width = 16m

Length = W - 12

Length = 16 m - 12 m

= 4 m

Submarines use sonar systems, which are similar to radar systems, to detect obstacles. Sonar systems use sound to detect objects underwater.



a. You are traveling underwater in a submarine. The sonar system detects an iceberg 4000 meters ahead, with an angle of depression of 34∘ to the bottom of the iceberg. How many meters must the submarine lower to pass under the iceberg?



The submarine must lower at least ____ meters.


Question 2
b. The sonar system then detects a sunken ship 1500 meters ahead, with an angle of elevation of 19∘ to the highest part of the sunken ship. How many meters must the submarine rise to pass over the sunken ship?

The submarine must rise at least ____ meters.

Answers

Answer:

a. tan(34)= O/4000 and follow the solving to get the distance it must be lowered

b. (Same idea as a) tan(19)=1500/A and solve to get the distance

The submarine must lower at least 2698 meters and the submarine must rise at least 516.45 meters.

Given that, the sonar system detects an iceberg 4000 meters ahead, with an angle of depression of 34∘ to the bottom of the iceberg.

What are trigonometric angles?

Trigonometric angles are the angles in a right-angled triangle using which different trigonometric functions can be represented. Some standard angles used in trigonometry are 0º, 30º, 45º, 60º, 90º.

a) We know that, tan θ = (Perpendicular/Base)

Let the number of meters must the submarine lower to pass under the iceberg be x.

tan θ = x/4000

⇒ tan 34° = x/4000

⇒ 0.6745 = x/4000

⇒ x = 0.6745 × 4000

⇒ x = 2698 meters

b) Let the number of meters must the submarine rise to pass over the sunken ship be y.

tan θ = y/1500

⇒ tan 19° = y/1500

⇒ 0.3443 = y/1500

⇒ y = 0.3443 × 1500

⇒ y = 516.45 meters

Therefore, the submarine must lower at least 2698 meters and the submarine must rise at least 516.45 meters.

Learn more about the trigonometric angles visit:

https://brainly.com/question/24174128.

#SPJ2

Write the equation of the line in fully simplified slope-intercept form?

Answers

Answer:

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

Step-by-step explanation:

So the first number after the y= is the slope which is - 1/2 then you add an X after that. Then you add the y-intercept point which on this graph is 1.

what is (1 5th) divided by 6 ps.1 5th is my fraction

Answers

Answer:

The answer is 0.3 repeating or in a fraction 1/3

Step-by-step explanation:

All you have to do is divide 1/5 th by 6 and then make it a fraction it's not that hard.

How are angles 7 and 8 related

Answers

Answer:

∠8 and ∠7 are a linear pair; they are supplementary. Their measures add up to 180°. Therefore, ∠7 = 180° – 53° = 127°.

Step-by-step explanation:

Have great day!!!!

Find the slope and y intercept on the graph

Answers

Answer:

slope should more than likely be y = -2 + x = 1

Step-by-step explanation:

Explain why rational expressions have restrictions

Answers

Answer:

Mostly for simplifying, the restrictions are the same no matter is being simplified or not. The restriction of a rational expression is always in the denominate

Step-by-step explanation:

factor completely 21x^3+35x^2+9x+15

Answers

Answer:

(3x+5)(7x^2+3)

Step-by-step explanation:

Factor : 21x^3+35x^2+9x+15

21x^3+35x^2+9x+15

=(3x+5)(7x^2+3)

______________________

Hope this helps!

Can someone help me with this please?

Answers

Answer:

the function is linear

Step-by-step explanation:

now you figure this out in many ways,

but the easiest is to plot the points on a Cartesian x-y plane, rule a line through the points,if it's in a straight line then its linear if it's a curve its cubic

from the question, after plotting your points.ie (-9,-2),(-5,-7),(-1,-12),(3-17)

we get a straight line pointing downwards.

I hope this is convenient enough

The expression 9a + 7c gives the cost (in dollars) for a adults and c children to eat at a buffet restaurant.
a. The cost for 1 adult is?
The cost for 1 child is?
b. The total cost for 1 adult and 3 children is?
c. Is $30 enough for a family of 2 adults and 2 children to eat at the buffet?

Answers

Answer:

a. $16

b. $30

c. for 2 adults and 2 children it is $32, so they are $2 short.

Step-by-step explanation:

i hope this helps :)


Makenzie leaves her home at 10am. She has to be at her grandmother's house, which is 42 miles away. The
speed limit is 65mph on the highway between their houses. Can she make it to her grandmother's house by
10:30 without speeding?

Answers

Answer:

no

Step-by-step explanation:

will take approximately 1-2 hours or even longer

If an = a1 x 5^n-1 and a1=1
what is the value of a5?

Answers

5 is the value ahhahaha

what is 2+2
haha take all the points and mark me brainliest and like

Answers

Answer:

4

Step-by-step explanation:

please please please please helppppp

Answers

for question 3. A
4. A
5. B

Answer:

3: D 4: A 5: B not completely sure about 5 though

is statistics class hard? i signed up for it and kinda regretting it

Answers

Answer:

yes it is hard

Step-by-step explanation:

Most people don’t really learn statistics until they start analyzing data in their own research.

Use the long division method to find the result when 12x^3+17x^2+12x+4 is divided by 3x + 2.

Answers

Answer:

Step-by-step explanation:

not sur

e

Answer: 307 ÷ 24 = 209 ÷ 32 = 456

Step-by-step explanation:

9 less than m squared

Answers

Answer: b = m

(3 + m)(3 - m)

Step-by-step explanation:

please i have a hw and i need help

Answers

Answer:

11: A. Some ferrets are longer than some fishers.

12: The range for the fisher is 25cm greater than for the ferret.

13. The mean for the ferret is 11cm less than for the fisher.

5. Probably 18 members.

6. Probably 210

What is the measure of an angle that is the supplement of angle K?



A.

30°

B.

50°

C.

None of the above

D.

60°

E.

40°

Answers

Answer:

is the measure of an angle that is the supplement of angle K=180-150=30

A.is your answer

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