The value of a home grew from $250,000 to $380,000 in 6 years. What is the average rate of growth (effective annual yield)?

Q: Find the effective interest rate per quarter at a nominal rate of 8% compounded (a) weekly, (b)…

A: The effective interest rate is the interest rate on a loan or financial product restated from the…

Q: Assume the revenue in the year 2000 was $ 800,000, and in the year 2002 it was $ 600,000. Assuming…

A: We will use exponential growth/decay formula to find expected revenue

Q: A population of rabbits grew from 10 to 3000 in 24 months. Determine the doubling rate.

A:

Q: 3) Find the internal rate of return to the nearest per cent.

A:

Q: A stock portfolio increased in value from $100,000 to $117,000 in 2 years. What rate of interest,…

A: To find: The rate of interest, compound continuously. Given: The stock portfolio increased from…

Q: What rate of interest compounded annually is required todouble an investment in 6 years?

A: We know that, A=P1+rnnt         ...(1) Where A =  final amount. P = Initial principal balance r =…

Q: How does the average rate of change differ for a linear function versus an increasing exponential…

A: Given two function a linear function and an exponential function.

Q: On the Bantayan island today, there are 1000 birds. They reproduce at a consistent annual growth…

A:

Q: If the rate of growth in sales of company for five years is 5%, 7.5%, 2.5%, 5% and 10% respectively,…

A: It is given that the rate of growth in a company is 5%,7.5%,2.5%,5% and 10% We need to find the…

Q: A savings account has an initial balance of $1,000 and earns 3 percent interest compounded monthly.…

A:

Q: A machine costing P45,000 is estimated to have a salvage value of 14,350 when retired at the end of…

A:

Q: What rate of interest compounded annually is required to double an investment in 4 years? The rate…

A: Formula used:The simply annual compound interest formula

Q: 8. A population of ducks grew from 420 to 8000 in 6 years. If the population growth is linear, what…

A: As per our guidelines we are supposed to answer only one question at a time. Kindly repost other…

Q: Jane currently pays a $723 premium for health insurance. If the premium increases at a rate of…

A: P= pert

Q: An investor bought stock for ​$20,000. Five years​ later, the stock was sold for ​$40,000. If…

A:

Q: An office building worth $4 million when it was completed in 2015 is being depreciated linearly over…

A:

Q: How long does it take for an investment to double in value if it is invested at 16% compounded…

A:

Q: 2. In the midyear of 2020, a country's population 109,581,078 with a growth rate of approximately…

A:

Q: One hundred shares of a technology stock were purchased on January 2, 1990, for $1200 and sold on…

A:

Q: Why does the formula for exponential growth look familiar?

A: Exponential growth function looks like f(x)=a(1+r)x, where a is initial amount            r is…

Q: If prices increase at a monthly rate of 2.6% by what percentage do they increase in a year?

A:

Q: Suppose a country has a population of 50 million and projects growth rate of 5% per year for 20…

A:

Q: In terms of relative growth rate, what is the defining property of exponential growth?

A: To explain the defining property of exponential growth in terms of relative growth rate.

Q: If the national economy shrank at an annual rate of 9​% per year for three consecutive​ years, then…

A:

Q: If a new Mustang is valued at $20,000 and five years later it is valued at $8000 then what is the…

A: A new Mustang is valued at $20,000 and five years later it is valued at $8000. Let x be the year and…

Q: What is the effective rate (APY) of 6% compounded daily?

A: Given-  Annual rate- 6%  Compounding (m) = daily(365/yr)

Q: How many years are required for an investment to double in value if it is appreciating at the yearly…

A: The final amount when it is compounded continuously is given by  A=P0ert Where r = interest rate…

Q: State whether the following statement is true or​ false, and explain why. If the statement is​…

A: Given ,the economy shrank at an annual rate of 9% Let the economy=P∴ economy after four…

Q: Suppose the population of certain fungi in a laboratory sample is 12. (A) If it quintuples in…

A:

Q: Explain the difference between the positive, negative, and constant rate of change?

A: we need to explain the difference between the positive, negative, and constant rate of change.

Q: If the value of Leo’s house goes up from $350,000 to $450,000 in the next 6 years, what was the…

A: Simple Growth percentage in the House value in the 6 years = (450000-350000)/350000 = 0.285714285 ~…

Q: (b) During which time period was the fertility rate increasing most rapidly? most slowly?

A:

Q: Annual revenue for Corning Supplies grew by 5.5% in 2010, 1.1% in 2011, -3.5% in 2012, -1.1% in…

A: The annual growth rate represents the percentage of amount which is increased in 1 year. For example…

Q: An investment decreases by 50% over a period of 12 years. At what effective annual interest rate…

A: Given information An investment decreases by 50% over the period of 12 years Here t=12 years We have…

Q: A car was valued at $32,000 in the year 1991. The value depreciated to $14,000 by the year 2005. A)…

A: The value of car is 32,000 in the year 1991 In 2005 the value of car is depreciated to 14000 Use the…

Q: Ask Your Teacher   If the rate of growth of a population continues at 3%, in how many years will…

A: Given that growth rate =3%= 0.03 So, growth factor = 1+0.03=1.03 Let, y= population after t years.…

Q: Which formula can be used to estimate the annual investment?

A: Given: Let's determine the formula used to determine the annual investment.

Q: Given an interest rate of 7.2% per year, compounded continuously. What is the quarterly interest…

A: Given query is to find the quarterly intrest rate.

Q: The value of a savings bond is growing by 2.8% per year compounded continuously. At this growth…

A:

Q: Find the effective yield of an investment that earns 2.35% compounded weekly.

A: Effective yield=1+rnn-1 For compounded weekly, n=52

Q: a) how long will it take an investment to double in value if the interest rate is 6% compounded…

A: Given that the investment has doubled. ie., A(t) = 2A(0)  ....(1) Interest rate is 6%

Q: If the rate of growth of a population continues at 2%, in how many years will the population double?…

A:

Q: A house purchased for $20,000 at an interest rate of 2% and was just sold for $60,000. Assuming…

A:

Q: 2. In the midyear of 2020, a country's population is 109,581,078 with a growth rate of approximately…

A: Current population (in mid 2020) of a country is 109,581,078 Growth rate is 1.35% then to find the…

Q: Enrollment at my college is increasing at a rate of 42% per decade. What is the yearly percentage…

A: We know that 1 decade = 10 years.

Q: What is the value of a $500 investment which earns continuous compound interest of 1% annually for…

A:

Q: In 2003 the United Nations estimated that the population of Ethiopia was about 70.7 million, with an…

A: Given data: The given population of Ethiopia is C=70.7 million. The given annual growth rate is…

Q: What is the formula for calculating growth rate?

A: The formula of the growth rate is defined as:

Q: The hourly wagre of workers was raised once a year and grew exponetionally from $10.00 to $12.49 in…

A:

Q: If a number decreases from 88 to 11, what is the rate of decrease (as a %)?

A: A number decreases from 88 to 11

Unitary Method

The word “unitary” comes from the word “unit”, which means a single and complete entity. In this method, we find the value of a unit product from the given number of products, and then we solve for the other number of products. 

Speed, Time, and Distance

Imagine you and 3 of your friends are planning to go to the playground at 6 in the evening. Your house is one mile away from the playground and one of your friends named Jim must start at 5 pm to reach the playground by walk. The other two friends are 3 miles away.

Profit and Loss

The amount earned or lost on the sale of one or more items is referred to as the profit or loss on that item.

Units and Measurements

Measurements and comparisons are the foundation of science and engineering. We, therefore, need rules that tell us how things are measured and compared. For these measurements and comparisons, we perform certain experiments, and we will need the experiments to set up the devices.