Kathleentierneyy Kathleentierneyy
  • 03-01-2018
  • Mathematics
contestada

A necklace is valued at £1200
It’s value is expected to increase by 4.5% per year over the next 3 years.
Calculate the expected value of the necklace after this time

Respuesta :

firatk
firatk firatk
  • 03-01-2018
You do 100+4.5 = 104.5
Then divide the answer by 100, so 104.5/100 = 1.045
You then do 1.045^3 x £1200 = £1369.39935 = £1369
Answer Link

Otras preguntas

A circle has an area of 16 pie square meters.  What is the circumference of the circle?  Please show how to solve.  Thank you
how many year and months did it take to build blackpool tower england
What is significant about Gatsby keeping watch over Daisy at the end of the chapter? In the Great Gatsby
what is 5.71 rounded to the nearest whole number
i need a diagram for how a scrap heap magnet works
what two large alliances took shape before the beginning of world war 1
what is 5.71 rounded to the nearest whole number
The school concert raised $1360 from the sale of 400 tickets. If adult tickets cost $5 and student tickets $3, how many student tickets were sold?How many stude
how do i change a trapezoid into a rectangle
A circle has an area of 16 pie square meters.  What is the circumference of the circle?  Please show how to solve.  Thank you