In 2010 an item costs $9.00. The price increases by 1.5% each year. How much will it be in 2030?

Answers

Answer 1

Answer:11.7

Step-by-step explanation:

1. Recognize variables. Starting price is 9, it’s increasing by 1.5% each year, the question asks for the price in 20 years.

2. Convert percentage to decimal. Most calculators won’t understand multiplying by percentages, and instead will understand multiplying by decimals. A decimal is something we can easily work with. It is more commonly taught to work with decimals as well. With that said 1.5% equals .015. (The number in the ones place in the percentage is always in the hundredths place when converted to a decimal, the tens to the tenths, the hundreds in the percentage to the ones place in the decimal, the hundredths in the percentage to the ten thousandths in the decimal. Basically, every individual number [the 5 in 1.5] moves two spaces to the right when going from percentage to decimal form, likewise two to the left going from decimal to percentage form. 23%=.23, 104%=1.04, 0.5%=.05, 1.234%=.01234)

3. Make your equation

20(9*(.015))+9

+9 is your starting point

9*(.015) gives you the amount the price increases per year

20 is multiplied then to that increased price for the next 20 years

4. Crunch em numbers

PEMDAS

Answer 2

The cost of the item in 2030 is $10.449.

What is an equation?

An equation is a mathematical statement that is made up of two expressions connected by an equal sign.

Example:

2x + 3 = 9 is an equation

We have,

Cost of an item = $9

The item increases per year = 1.5%

Now,

The equation for the cost of the item after x years.

= 9[tex](100 + 1.5)^x[/tex]

Now,

There are 10 years from 2010 to 2030.

So,

x = 10

= 9 [tex](1 + 0.015)^{10}[/tex]

= 9 x [tex]1.015^{10}[/tex]

= 9 x 1.161

= 10.449

Thus,

The item will cost $10.449 in 2030.

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Related Questions

Pleaseeeeeeeeeeeeeeeee help nowwwwwwwwwwwwwww

Answers

A is the correct answer
A is the correct answer

Danielle poured 3/4 gallon of water from a 7/8 gallon bucket.How much water is left in the bucket?

Answers

Answer:

1/8

Step-by-step explanation:

3/4 = 6/8 after you multiply top and bottom by 2

Subtract 3/4 from 7/8 and we get

7/8 - 3/4 = 7/8 - 6/8 = (7-6)/8 = 1/8

There is 1/8 of a gallon left

I WILL GIVE BRAINLIEST! PLEASE HURRY

Answers

Answer:

it's the thrid one as 30% is correct

Answer:

More than 30% of the students surveyed chose Red as their favorite color

Step-by-step explanation:

If 4(x – 3) + x = –2x + 10, what is the value of x? ​

Answers

Answer:

x=22/7

Step-by-step explanation:

4x-12+x=-2x+10

5x-12=-2x+10

5x=-2x+10+12

5x=-2x+22

5x+2x=22

7x=22

x=22/7

Charlie and Violet met for lunch at a restaurant between their two locations (exactly in the middle). It took
Charlie 2.6 hours to get there, but it only took Violet two hours because she was driving 15 mph faster than
Charlie. The distance between the two of them initially was 260 miles. Find the speed of the two drivers.
Charlie
Violet
mph
mph

Answers

Answer:

Charlie 55 miles per hour

Violet 65 miles per hour

Step-by-step explanation:

Charlie and Violet met for lunch at a restaurant between Memphis and New Orleans. Since, Charlie left Memphis and drove towards New Orleans, and Violet left New Orleans and drove towards Memphis, the total distance that they covered altogether is the total distance between Memphis and New Orleans.

It is given that the distance between Memphis and New Orleans is 394 miles. This means, the total distance both covered = 394 miles

Charlie drove for 4.8 hours and Violet drove for 2 hours. Let the speed of Charlie be x miles per hour. Since, the speed of Violet was 10 miles per hour faster than Charlies, the speed of charlie was (x + 10) miles per hour

Since, distance = speed multiplied by time

Distance covered by Charlie = 4.8x

Distance covered by Violet = 2(x + 10)

Altogether they covered 394 miles,

So,

394 = Distance covered by Charlie + Distance covered by Violet

394 = 4.8x + 2(x + 10)

394 = 4.8x + 2x + 20

374 = 6.8x

x = 55

Since, x represents the speed of Charlie, the speed of charlie was 55 miles per hour and speed of Violet was 65 miles per hour

if m=6 and n=12 what is 2m+5

Answers

Answer:

17

Step-by-step explanation:

2m+5

2(6)+5

12+5

17

Answer:

2m+5

2(6)+5 ( if m=6, n=12 )

2×6+5

12+5

17

Step-by-step explanation:

Hope it is helpful.....

Which of the following statements is NOT true about the graph of a system of equations with no solutions?

A. The lines will have the different slopes.
B. The lines will have different y-intercepts.
C. The lines will share none of the same points.
D. The lines will have the same slope.

Answers

Answer:

A

Step-by-step explanation:

A would be the best answer here because equations with no solutions would be parallel. That means they would have the same slope but with different y-intercepts. Since where the equations share points would be the solution, they cannot share points either.

What are indications of a computer hardware problem? Check all that apply.

The printer is printing in black and white.

The keyboard keys are getting stuck.
plz

The computer monitor is going blank.

The pointer of the mouse freezes.

The images on the monitor look sharp.

Answers

Step-by-step explanation:

the answer is the keyboard keys getting stuck, it's something you can touch and feel, thus it's an hardware problem

Answer:

The printer is printing in black and white

Step-by-step explanation:

Find 10.8% of 405. Round to the nearest tenth.

Answers

Answer: 43.7

Steps:
405 * 10.8%
405 * 0.108 = 43.74
43.74 = 43.7

What is the probability of spinning a green on the above spinner and rolling a 2 on a dice?​

Answers

Answer:

Step-by-step explanation:

given klmn is a parallelogram ka-angle bisector

Use the following probability model to answer the question.
Event: For each adult resident in a city we ask how many
vehicles they own.
Number of Vehicles
Probability
0.04
0
1
0.41
0.38
0.13
UWN
0.03
0.01
Find the probability that an adult resident has 3 or more
vehicles. Give your answer as a number between 0 and 1.

Answers

Answer:

Step-by-step explanation:

Number of Vehicles Probability

0 0.04

1 0.41

2 0.38

3 0.13

4 0.03

5 0.01

X= 1

.13+.03+.01=0.17 (the amount with 3 or more cars)  

0.17/1(Total amount of all probability)= 0.17 has 3 or more cars.

Probability is the chance of an event to occur from a total number of outcomes.

The formula for probability is given as:

Probability = Number of required events / Total number of outcomes.

The probability that an adult resident has 3 or more is 0.17

What is probability?

It is the chance of an event to occur from a total number of outcomes.

The formula for probability is given as:

Probability = Number of required events / Total number of outcomes.

We have,

The probability distribution of the number of vehicles is given as,

P(x) where x is the number of vehicles.

P(0) = 0.4

P(1) = 0.41

P(2) = 0.38

P(3) = 0.13

P(4) = 0.3

P(5) = 0.1

The probability that an adult resident has 3 or more.

= P(3) + P(4) + P(4)

= 0.13 + 0.03 + 0.01

= 0.17

Thus,

The probability that an adult resident has 3 or more is 0.17

Learn more about probability here:

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First person gets brainliest 4

45+9

Answers

Answer:

54

Step-by-step explanation:

Answer:

54

Step-by-step explanation:

find the value of each variable or indicated measures​

Answers

Answer:

Step-by-step explanation:

To find the angle measure of an angle inside an arc then you multiply 1/2 by the sum of the 2 intercepted arcs.

x=1/2(42+56)

x=1/2(98)

x=49

At a part-time summer job, Luiz earn $10.10 per hour. Which equation can be used to find how many
hours he must work to earn $232.30?
A. 232.30x - 10.10
B. 10.10x - 232.30
C. 10.10+ x - 232.30
D. x - 10.10+232.30

Answers

Answer:

I would say it is B

Step-by-step explanation:

Because to find the value of x, you would need to divided 232.30 by 10.10, you have to use the opposite for algebra so the opposite is multiplication.

Here are 7 numbers.
3.51
3
.
1.1
4.
4.5
2.5
2.81
Calculate the mean of these 7 numbers.

Answers

Answer:

3.06

I hope this helps you :)

The two trapezoids are congruent. What is the value of x?

Answers

Answer:

x=15

Step-by-step explanation:

What equation is equal to 2y= 2x + 2?

Answers

Answer:

y = x+1

Step-by-step explanation:

2y = 2x+2 ( divide both sides of the equation with 2)

y = x + 1

What are 5 other types of waves (besides visible light) that are found in electromagnetic spectrum.

Answers

Answer:

The other types of EM radiation that make up the electromagnetic spectrum are microwaves, infrared light, ultraviolet light, X-rays and gamma-rays.

Step-by-step explanation:

Internet.

can someone help me really fast?​

Answers

3? I pretty sure it’s three sorry if I’m wrong

The four tables below show relationships in which the x values represent inputs and the y values represent the corresponding
outputs.
R
s
T
y
re
y
y
3
-2
-5
-2
3
4
1
3
2
4
1
3
4
5
3
-3
3
7
3
3
3
4
S
3
4
10
5
3
4
-5
Which table represents a relationship that is not a function?
a e
b. R
c. S
d. T

Answers

Answer:

T

Step-by-step explanation:

Has more than one x for a given y.

Using pythagorean therom whats the answer ??
a2 + b2 = c2

Answers

By using Pythagorean Theorem,
C^2= (10)^2+ (9)^2
C^2=100 + 81
C^2=181
C= 13.4cm

Hope it helps!

Could you give me the reason please ?ASAP thank you.

Answers

It’s hard to see the image

last year megan had 63 books in her collection now she has 112 books what is the percentage increase

Answers

The answer (I think) is 56

Answer:

56.25%

Step-by-step explanation:

Divide

63/112 = .5625

Convert to a percentage

56.25%

Are the expressions
5
(
x
+
2
)
+
10
and
5
x
+
12
equivalent, and why?

Answers

Answer:

Yes it is equivalent

Step-by-step explanation:

Simply 5(x+2)+10 and you will get 5x+12

How many cm of framing are needed to make a picture frame with outside measurements 40 cm and 25 cm​

Answers

Answer:

For average sized artwork (about 11x14" to 30x20"), the common mat width is 2". If you artwork is smaller, you might consider a 1.75 or 1.5" mat.

Step-by-step explanation:

Explain how to change 86% into an equivalent ratio written in simplest form

Answers

Answer:

I can't explain here since I can't write numbers.

Step-by-step explanation:

HELP WITH THESE 3 questions please !!! Please dont give me the wrong answers thanks I really need help

Answers

Answer:

We use similar triangles to get

16

15

25

brainliest pls

Which table represents a quadratic function?

Answers

Answer:

Step-by-step explanation:

the bottom one forms a straight line.. so not that one

but the top one looks more like a cubic function .. maybe it could be a quadratic.  

6 + 1.5x = -12 please answer

Answers

Answer:

-12

Step-by-step explanation:

6 + 1.5x = -12

1.5x = -18

x = -12

Subtract 6
1.5x = -18
X = -12

what is the value of x?

Answers

Answer:

can be anything

Step-by-step explanation:

there's no context

Answer:

The letter "x" is oftenly used in algebra to mean the value that not shown yet it is even called a variable or sometimes even unknown in example x+5=10 , the 'x' is the variable.

I hope this will help u

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