An antique chair was purchased in the year 2013 for $500. At the time of purchase, an appraiser estimated that the value would increase by 10% per year. According to the appraiser's estimate about the value of the chairwhich statements are true?

Select ALL that apply

A. Alinear model provides the best of the estimated values.

B. The value will increase by 30% in the first 3 years.

C. After 2 yearsthe value will be $605.

D. The rate of change of the value will decrease over time

E.The value will increase by $50 in the first year

Answers

Answer 1

Answer:

C and E

.................

Answer 2

The true statements are (C) After [tex]2[/tex] years the value will be $[tex]605[/tex]  and (E) The value will increase by $[tex]50[/tex] in the first year.

Compound Interest:

Compound interest (or compounding interest) is the interest on a loan or deposit calculated based on both the initial principal and the accumulated interest from previous periods.

In the first year, the value[tex]=[/tex] $[tex]500+500\times \frac{10}{100}[/tex]

                                         [tex]=500\left ( 1+\frac{10}{100} \right ) \\ =\left ( 500\times 1.1 \right )[/tex]

                                         [tex]=[/tex]$[tex]550[/tex]

Change in price=$[tex]50[/tex]

After 2 years, the price is=$[tex]550+[/tex]$[tex]550 \times\frac{10}{100}[/tex]

                                         =$[tex]550\times(1+\frac{10}{100} )[/tex]

                                         =$[tex]550\times(1.1)[/tex]

                                         =$[tex]605[/tex]

After 3 years, the price=$[tex]605+605\times\frac{10}{100}[/tex]

                                      [tex]=605(1+\frac{10}{100} )[/tex]

                                      [tex]=(605\times1.1)[/tex]

                                      [tex]=[/tex]$[tex]665.5[/tex]

Rate of change[tex]=\frac{(665.5-500)}{500} \times100[/tex]%

                        [tex]=\frac{165.5}{5}[/tex]%

                        [tex]=33.1[/tex]%

                        [tex]\neq 30%[/tex]%

According to the problem, an exponential pt model provides the best fit.

Therefore, the true statements are an option C and E.

Learn more about the topic Compound Interest: https://brainly.com/question/26574136


Related Questions

Find the volume of the cone.

Answers

Answer:

[tex]14.50[/tex]

...........

Which example models a negative integer A.Students in a classroom B. The age of a parent C. Money lost from a pocket D. the height of a tree

Answers

Answer:

C- Money lost from a pocket

Step-by-step explanation:

It would be C because something is decreasing ( now a negative) from what they did have.

How do I solve 1 1/3 × 2 2/4 in steps?​

Answers

Answer:

3 1/3

Step-by-Step

first step is too make a an improper fraction, 1 1/3 equals 4/3 and 2 2/4 equals 10/4. next your gonna multiply 4/3 and 10/4, 4x10=40,3x4 equals 12, so it would be 40/12. but its improper, we need to reduce it. the lowest number that can go in both numbers is 4. 40 divided by 4 =10. 12 divided by 4=3. 12/3= 3 1/3

Answer:

10/3

Step-by-step explanation:

That's 1 1/3 times 2 1/2.

Converting these into improper fractions, we get 4/3 times 5/2.

Multiplying (4/3) by (5/2), we get 20/6, or, after reduction, 10/3

Pleaseeee help I'll give Brainliest urgent!!!!!!!!!!!!!!!!!

Answers

Answer:

The answer is

'The range of the data for girls is less than the range of the data for boys'

I'm don't know dfhgh fhfghfg hgf hgfh

Please help me I wanna go to sleep :(

Answers

Answer:

a. -2

b. 48, -96, 192

Step-by-step explanation:

Find three consecutive numbers whose sum shall equal 45.​

Answers

Answer:

the three consecutive numbers are 14, 15, 16

Answer:

Since the consecutive numbers, so the first one is x, the next one is x+1, and so on....I hope this will help

Step-by-step explanation:

x + (x + 1) + (x + 2) = 45

x + x + 1 + x + 2 = 45

3x + 3 = 45

3x = 42

x = 14

Now that we know x = 14, let's add one to it.

x + 1 = 14 + 1 = 15.

Now we have our middle number, which is 15. You can always check your answer by adding 14 + 15 + 16 = 45. Whoo!



PLEASE HELP !! ILL GIVE BRAINLIEST *EXTRA POINTS*..
IM GIVING 40 POINTS !! DONT SKIP :((.


Answers

Answer: C

Step-by-step explanation: The layers of rocks implies superposition and changes in species implies evolution

A bear loves visiting his friend, the piglet. The distance between their houses is 300m , and the bear always walks from his house to the piglet's house in exactly the same amount of time. But today, the bear stops at a beehive after walking —1 of the 4 distance. He eats honey for 2.5 minutes and then continues to the piglet's house at a speed 15 m/min faster than usual. The total journey to the piglet's house takes the exact same amount of time as it usually does, when the bear does not stop for honey. How long does the journey take?

Answers

Answer:

10mins

Step-by-step explanation:

you can draw a rtd chart for this problem

             rate (m/min)|  time (mins)  | distance (m )

regular: (300/x)  | x  | 300m

fist 1/4 : (300/x) | 75: (300/x)  | 75m

last 3/4:  | (300/x)+15 | 225:(300/x + 15) | 225m

then, make an equation for the times:

x= (75: (300/x)) + (225: ( (300/x)+15) + 2.5 = x

// get the 2.5 mins from the stop for honey, and we know that regular speed is equal to the one with a stop

solve equation to get x=-20/3 , x=10, because speed is positive, x=10 is the most reasonable answer

Select all expressions that are equal to 3⋅3⋅3⋅3⋅3.
3^5
3^4 ⋅ 3
5 ⋅ 3
5^3

Answers

[tex]\huge\text{Hey there!}[/tex]

[tex]\mathsf{3\times3\times3\times3\times3}\\\\\mathsf{3\times3=\bf9}\\\\\mathsf{9\times9\times3}\\\\\mathsf{9\times9=\bf81}\\\\\mathsf{81\times3=\bf result}\\\\\mathsf{= \bf \underline{243}}\large\checkmark[/tex]

[tex]\text{Option A. }\downarrow\\\mathsf{3^5}\\\\\mathsf{3^5= 3\times3\times3\times3\times3}\\\\\mathsf{3\times3\times3\times3\times3}\\\\\mathsf{3\times3 = 9}\\\\\mathsf{9\times9\times3}\\\\\mathsf{9\times9 = 81}\\\\\mathsf{81\times3= 243}\\\\\large\text{\bold{Option A.} could possibly be your \bf ANSWER}\huge\checkmark[/tex]

[tex]\text{Option B. }\downarrow\\\mathsf{3^4\times5}\\\mathsf{3^4 = 3\times3\times3\times3}\\\\\mathsf{3\times3\times3\times3}\\\\\mathsf{3\times3=9}\\\\\mathsf{9\times9= 81}\\\\\mathsf{81\times3=243}\\\\\large\text{Option B. could possibly be your \bf ANSWER}\huge\checkmark[/tex]

[tex]\text{Option C. }\downarrow\\\mathsf{3\times5}\\\\\maths{3+3+3+3+3}\\\\\mathsf{3+3=6}\\\\\mathsf{6+6+3}\\\\\mathsf{6+6=12}\\\\\mathsf{12+3=15}\\\\\mathsf{15\neq243}\\\\\large\text{Option C is NOT your ANSWER}[/tex]

[tex]\text{Option D.}\downarrow\\\mathsf{5^3}\\\\\mathsf{5^3=5\times5\times5}\\\\\mathsf{5\times5\times5}\\\\\mathsf{5\times5=25}\\\\\mathsf{25\times5 = 125}\\\\\mathsf{125\neq243}\\\\\large\text{Option D. is NOT your ANSWER}[/tex]

[tex]\boxed{\boxed{\large\text{Answers: \boxed{\boxed{\mathsf{\bf{Option\ A.)\ 3^5 \ \& \ Option\ B.)\ 3^4 \times 3}}}}}}}}\huge\checkmark[/tex]

[tex]\text{Good luck on your assignment and enjoy your day!}[/tex]

~[tex]\frak{Amphitrite1040:)}[/tex]

Answer:

A) 3^5 B) 3^4*3

Step-by-step explanation:

-6y+11x=-34

-4y+7x=-24

Answers

Answer:

no idea but mabye someone whose NOT in 3rd grade will know?

4 to the power of3 -(2+2to the power of 3) x 5​

Answers

Answer:

14

Step-by-step explanation:

Given the following equation;

4³ - (2 + 2³) * 5

4*4*4 - (2 + 2*2*2) * 5

64 - (2 + 8) * 5

64 - (10) * 5

64 - 50 = 14

Note: the rule of BODMAS was applied.

Select the correct answer.
Does the equation below represent a relation, a function, both a relation and a function, or neither a relation nor a function?
y = 3:2 - 95 + 20
OA neither a relation nor a function
OB. both a relation and a function
OC function only
OD. relation only

Answers

Answer:

B. both function and relation

Step-by-step explanation:

B both a relation and function

Select the correct comparison.
A. The typical value and the spread are both greater in set B.
B. The typical value is greater in set B. The spread is greater in set A.
C. The typical value and the spread are both greater in set A.
D. The typical value is greater in set A. The spread is greater in set B.

Answers

Answer:

The typical value is greater in set A. The spread is greater in set B.

Step-by-step explanation:

A P E X, hope it helps.

Answer:

it's B

Step-by-step explanation:

took the quiz

In a standard 52-card deck, half of the cards are red, and half are black. The 52 cards are evenly divided into 4 suits: spades, hearts, diamonds, and clubs. Each suit has three face cards (jack, queen, king), and an ace. Each suit also has 9 cards numbered 2 to 10.

Dawn removes two cards, without replacement.

What is the probability that Dawn removed two black cards?





What is the probability that Dawn removed a diamond and a spade?





What is the probability that Dawn removed two face cards?

Answers

Answer:

Byhrnegngrnhumhrnim jmmumtjmmtjmtj

(9x10^10) - (4x10^10)

Answers

Answer: 50000000000 is your answer.

Step-by-step explanation:

Help

Which product are greater than 2 and 5\6? Select all that apply

Answers

Answer:

B, C, & E

Step-by-step explanation:

B C AND E
that’s the answer g

Answer part C. I want step by step on this problem.

Answers

Answer:

[tex]Rate = 58007956.5217[/tex]

Step-by-step explanation:

Solving (c): The rate of change:

In this concept, the formula to use is:

[tex]Rate = \frac{V2 - V1}{t2 - t1}[/tex]

Where

[tex](t1,v1) = (0,62817000)[/tex] ----- In 2004

[tex](t2,v2) = (23,1397000000)[/tex] ------ In 2026

So, we have:

[tex]Rate = \frac{1397000000 - 62817000}{23 - 0}[/tex]

[tex]Rate = \frac{1334183000}{23}[/tex]

[tex]Rate = 58007956.5217[/tex]

4. The teacher recommends that students read for 20
minutes each night. How many pages will the
student complete?
proportional relationships

Answers

Assuming that the student reads 1/2 a page per minute, they would read 40 pages a night.

‼️DIMENSIONAL ANALYSIS‼️

‼️ASAP!!! BRAINLIEST!!‼️
PLS HELP!!! SHOW ALL WORK +STEPS!! Thx!

Answers

Well there’s 24 hours in a rotation.. and one rotation is approximately 40075km

40075km to miles is 24901.451 miles

And we need miles per hour

So divide 24901.451 by 24

= 1037.56 mph (rounded to nearest tenth)

please help on this question i give brainliest

Answers

Answer:

1. 9 bounds of carbon dioxide

2.  27 bounds of carbon dioxide

Step-by-step explanation:

So let's find a unit rate: 1 to 9

"Why is it 1:9?"

If I can find divide 72 pounds into 8 hours? What would I find? You would find the pounds for each other

Example: 72/8=9. So If 9 carbon dioxide per hour. I can do 3 hours is 27 pounds of carbon dioxide.

So to sum it up, 72/8=9 so 1:9 can be used to figure out any amount of pounds used in a certain number of hours. So If 3 hours, then 27 pounds.

Answer:

1. 9 pounds of carbon dioxide

2. 27 pounds of carbon dioxide

Step-by-step explanation:

Well, I just know it.

Consider a graph of the equation y = x + 6. What is the y-intercept? (5 points) 6 −1 1 −6

Answers

D  I am not 100% sure, If I am wrong sorry

Find the unknown number 10% of what number is 300

Answers

Answer:3,000

Step-by-step explanation:

Answer:

3000

Step-by-step explanation:

300    x

10     100

300x100

30,000

30,000/10

3000

which of the following is like a radical to 3 sqrt 6x2 ??? PLEASE HURRY

Answers

Answer:

[tex]3\sqrt{6x^2} = 3x\sqrt{6}[/tex]

Step-by-step explanation:

Given

[tex]3\sqrt{6x^2[/tex]

Required

Express as a radical

Split

[tex]3\sqrt{6x^2} = 3\sqrt{6} * \sqrt{x^2[/tex]

[tex]\sqrt{x^2} = x[/tex]

So:

[tex]3\sqrt{6x^2} = 3\sqrt{6} * x[/tex]

This gives:

[tex]3\sqrt{6x^2} = 3x\sqrt{6}[/tex]

5/8 62.5/100 as a ratio (simplified)

Answers

Answer:

5:8, 25:1

Step-by-step explanation:

i guess this is ans

Change the following into m square 30,000cm²​

Answers

Answer: 3sqm

Step-by-step explanation:

WILL MARK BRAINLIEST! Solve for x and each angles measure. Only asking for #5. Thank you!

Answers

Answer:

Step-by-step explanation:

2x + 3x + 135 = 180                            Every triangle has 180 degrees

5x + 135 = 180                                    Subtract 135 from both sides.

5x = 45                                               Divide by 5

x = 9

2x =                  18

3x =                  27

Other angle   135

Total              280

please help me please help me please help​

Answers

A is august and B is October

Answer:

a) September; b)October

Step-by-step explanation:

Just do the calculations, for example: 71+(-293). You will see September has a drop less 210 dollars and October has the biggest change of sales.

ill mark brainlist plss help

Answers

it is oxygen no doubt about it

Solve using the quadratic formula.
q2 + 69 + 9 = 0

Answers

Answer:

the value of q = -3

Step-by-step explanation:

The computation of the equation is shown below:

Given that

q^2 + 6q + 9 = 0

q^2 + 3q+ 3q + 9

q(q + 3) + 3(q + 3)

(q+3) (q+3)

q = -3

Hence, after solving it the value of q = -3

Look at point w,x,y,and z on the number line

Answers

Answer:

u need toADD THE PITRUE

Step-by-step explanation:

Other Questions
A garden has four sides that are all the same length. Each side measures x + 5 units. The gardens perimeter is 144 units. What is the value of x? Show your work for full points or brainlyest answer Need help asap............... what's the domain and range Which figures are polygons?Select each correct answer.Figure AFigure BFigure CFigure D How many articles does the Georgia Constitution have? 7 11 21 27? choose the correct response Do you blame Monica for breaking her "promise" to Isaac? Why or why not? HELP PLEASEE!!You will build a simulation of a population using the same elements as the simulation pictured here and show howthe traits in this population change in years 5 and 10.- Trait A- Trait B- Trait1 circle = 50 organismsStart off with 2,500 plants of which 50% have medium-tip leaves, 25% have wide-tip leaves, and 25% have drip-tipleaves. Each circle in your simulation will represent 125 organisms. Calculate how many circles you need for eachtrait, and then create your simulation. Be sure to include a key that states the color coding for each trait. What portion of Africa lies outside of the tropics? Which pair of values could NOT be the roots of a quadratic polynomial?A) 4 and 6B) 5 and 5C) 2 + 3i and 2 + 3iD) 1 + 3i and 1 3i Cu + 2AgNO3 Cu(NO3)2 + 2AgIf a 40. g sample of Copper is used with an excess of silver nitrate, calculate the theoretical yield of silver. What is the percent yield of the silver, if 120 g was collected? How Did Geography Affect Native Americans? Write the equation for a circle with the center (90,195) and a radius of 88 What benefits might result if society showed more tolerance and respect for people with different gender identities and sexual orientations? PLS SOMEONE HELP!! DUE TODAY I need help with these pls Help me please will mark Why do community colleges have a bad reputation? PLEASE HELP ME!!! I'M GIVING 11 POINTS1. Mara has $640 in her bank account. If she withdraws $30 every month, in how many months will she have $370 remaining in her account2. Make up an equation that has no solution and explain what that means. (Hint: It has to be a real explanation, not just "it doesn't work"). Solve for XPotential answers are (WILL GIVE BRAINLIEST1. 02. 11.43. 164. -16