Tracey bought a diamond ring appraised at $1200 at an antique store. If diamonds have appreciated in value at an annual rate of 12%, what was the value of the ring 10 years ago? (Round your answer to the nearest dollar.)

Answers

Answer 1

Answer:

1600 / 1.1^10 = $616.87

Step-by-step explanation:

Im not so sure, but here

Answer 2

the value of the diamond ring 10 years ago was approximately $419.47

To find the value of the diamond ring 10 years ago, we need to calculate its original value before the annual appreciation.

Let's assume the original value of the ring 10 years ago was "x" dollars.

After 10 years, with an annual appreciation rate of 12%, the value of the ring became $1200.

The formula to calculate the future value (FV) of an investment with compound interest is:

FV = PV * (1 + r)ⁿ

where:

FV = future value

PV = present value (original value)

r = annual interest rate (as a decimal)

n = number of years

In this case, we have:

FV = $1200 (present value after 10 years)

r = 12% (0.12 as a decimal)

n = 10 years

Now, we can rearrange the formula to find the original value (PV):

PV = FV / (1 + r)ⁿ

PV = $1200 / (1 + 0.12)¹⁰

PV = $1200 / 2.85610019

PV ≈ $419.47

So, the value of the diamond ring 10 years ago was approximately $419 (rounded to the nearest dollar).

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Related Questions

A cable television company has 8000 subscribers in a suburban community. The company offers two premium​ channels, A and B. If 2350 subscribers receive channel​ A, 1860 receive channel​ B, and 5220 do not receive any premium​ channel, how many subscribers receive both channel A and channel​ B?

Answers

Answer:

The answer is 4,530

Step-by-step explanation:

2550 + 1980 = 4,530

0/10 5/10 10/10 or a 1
Decimals:0.0 0.5 1.0. Write the fraction OR mixed number and the "Decimals" show by the model. Explain.​

Answers

Answer:

1/2

Step-by-step explanation:

: 0.5 as a fraction is written as 1/2

A raffle at a local fair has tickets for purchase for $10 each. There are 100 total tickets in the raffle. The tickets are shuffled, then 3 are selected to win a $100 prize. Use the table below to help you calculate the expected value of this raffle.

Answers

If the probability of success is 0.03. Then the expected value of the raffle will be 3.

What is binomial distribution?

Binomial distributions consist of n independent Bernoulli trials.

The expected value X will be given below.

E(X) = np

A raffle at a local fair has tickets for purchase for $10 each.

There are 100 total tickets in the raffle.

The tickets are shuffled, then 3 are selected to win a $100 prize.

Then the probability of success will be

p = 3/100

p = 0.03

Then the expected value of the raffle will be

n = 100

Then we have

E(X) = np

E(X) = 100 x 0.03

E(X) = 3

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Three line segments have measures of 18, 12, and 10 Will the segments form a triangle?

Answers

Answer:

Yes, the given segments will form a triangle

Step-by-step explanation:

Condition: If sum of the measures of any two segments of a triangle is greater than the third segment, then they will form a triangle.

Lengths of the given segments are 18, 12 and 10 units.18 + 12 = 30 > 1012 + 10 = 22 > 1810 + 18 = 28 > 12

Here, lengths of the given segments obey the above mentioned condition. So, they will form a triangle.

Multiply and simplify (4x-2)(3x^2-2x+1) Write answer in standard form

Answers

Answer:

12x^3 - 14x^2 + 8x - 2

Answer:

12[tex]x^{3}[/tex] - 14x² + 8x - 2

Step-by-step explanation:

1. Distribute the parentheses:

4x(3x²) + 4x(-2x) + 4x(1) + (-2)(3x²) + (-2)(-2x) + (-2)(1)

2. Multiply:

12[tex]x^{3}[/tex] + (-8x²) + 4x + -6x² + 4x + (-2)

3. Combine like terms:

12[tex]x^{3}[/tex] - 14x² + 8x -2

hope this helps!

The volume of a box is 0.6m³. Find its volume in cm³​

Answers

Answer:

60

Step-by-step explanation:

There are 100 centimeters in a meter (centi- is a prefix meaning hundred), so all you have to do is multiply the meters by 100. 0.6 x 100 = 60. The volume is 60 cm^3.

Hope this helped!

A class of 30 swim team members took a life saving test 18 of the members had an average of 92 points the remaining members had an average score of 84 points what was the average for the entire swim team

Answers

Answer:

88.8

Step-by-step explanation:

Write down two different expressions that are equivalent to 5x + 2 – 4y.

Answers

Answer:

2 + 5x - 4y

OR

-4y + 5x + 2

Step-by-step explanation:

The order of arrangement doesn't matter, what matters are the signs

Finding π (optional)
You need:
• Six or fewer objects that have a round surface
• Yard or meter stick
• Ruler
• String (must be long enough to go around each of the round surfaces)
Directions:
1. List each object in the chart below.
2. Take your string and measure the distance around the circular object. Write that measurement
in the chart under Circumference.
3. Use your ruler to measure the diameter of the circular object. Write that measurement in the
chart under Diameter.
4. Divide the circumference by the diameter. Write that answer in the chart under Ratio. Was your
answer close to π

Answers

The circumference of the ball will be 43.988cm and dividing the circumference by the diameter equals pie.

How to calculate the circumference?

The object that's chosen in this scenario is a circular ball. The diameter of the ball is 14cm.

The circumference of the ball will be:

= 2πr

= 2 × 3.142 ×(14/2)

= 2 × 3.142 × 7

= 43.988cm

Dividing the circumference by the diameter will be:

= 43.988cm/14cm

= 3.142

The answer is close to pi.

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Please PLEASE HELP someone explain how the answer is 0.3112

Answers

You first have to add the total number of pedestrian deaths

[tex]52+252+86+587=977[/tex]

You then have to find the number of civilians that were intoxicated when they died

[tex]52+252=304[/tex]

Divide that number by the total number of pedestrian deaths

[tex]=304/977\\\\=0.3111566018\\\\=0.3112[/tex]

What is the algebraic rule?? And how do you find out what algebraic rule on a graph is (x,y)to (x,y+10)??? I know how to find basic rules according to the degree rotation but I don’t understand what does + 10 mean how am I supposed to find that on a graph based on rotation degrees???

The teacher never taught me please help me

Thank you!

Answers

Answer:

  (x, y) ⇒ (-x, y)

Step-by-step explanation:

When you're looking for a rule that transforms one figure to the other, the first step is to look at the figures. You want to identify their orientation (order of vertices) and the relative locations of corresponding vertices.

Here, vertices VWX are in clockwise order. The corresponding vertices V'W'X' are in counterclockwise order. For that to happen, there must be a reflection involved.

The y-axis goes through the midpoints of VV', WW' and XX'. This means the y-axis is the line of reflection. The coordinates of V'W'X' have the same y-values as their originals, but their x-values have changed sign.

The algebraic rule for these two figures is ...

  (x, y) ⇒ (-x, y) . . . . . . reflection over y-axis; sign of x changes

__

Additional comment

No rotation is involved here.

The rule (x, y) ⇒ (x, y+10) means the y-coordinate has had 10 added to it. That causes a translation upward by 10 units. This is the algebraic rule.

100 POINTS TO WHOEVER IS CORRECT!!
SHOW ALL WORK. PLEASE HELP.
ALSO SHOW WHERE YOU CONNECTED THE DOTS
QUESTION -
WHAT IS THE AREA OF THIS IRREGULAR POLYGON

Answers

Answer:

25 unit²

Step-by-step explanation:

Juan played 2 hours of video games per day. How many hours does he play in 6 days

Answers

He would play 12 hours

Explanation: 2 hours every day would just be 2 x 6 which equals 12

Answer:

12 hours

Step-by-step explanation:

you take the amount of hours and multiple it by the days. so 2x6=12

What cosine function represents an amplitude of 2, a period of 2π, a horizontal shift of π, and a vertical shift of −1? (6 points) a f(x) = −1 cos πx + 2 b f(x) = −1 cos (x − π) + 2 c f(x) = 2 cos (x − π) − 1 d f(x) = 2 cos πx − 1

Answers

Answer:

  c.  f(x) = 2 cos(x − π) − 1

Step-by-step explanation:

The amplitude is the multiplier of the cosine function. The vertical shift is a constant added to the cosine function. The horizontal shift is a value subtracted from x in the argument of the cosine function.

For amplitude 2, vertical shift -1, and horizontal shift π, the function will look like ...

  f(x) = 2·cos(x -π) -1

Use inverse operations to solve.
1. You had $37 in your bank account. After you receive some money for your birthday, you have a total of $62.
How much money did you get for your birthday?

Answers

Answer:

[tex]\huge\boxed{\bf\:25 \:dollars}[/tex]

Step-by-step explanation:

Money in the bank account before receiving the birthday money = $37

Money in the bank account after receiving the birthday money = $62

Money received as the birthday money = ?

Money received as the birthday money

= Money in the bank account after receiving the birthday money  - Money in the bank account before receiving the birthday money

= $62 - $37

= $25

[tex]\rule{150pt}{2pt}[/tex]

Which graft represent -3x+5y=-15

Answers

The graph of the function -3x+5y=-15 is a linear function we can draw it by finding the values of y for every value of x.

What is a function?

It is defined as a special type of relationship, and they have a predefined domain and range according to the function every value in the domain is related to exactly one value in the range.

We have a function:

-3x + 5y = -15

The above function shows a linear function we can write it as:

5y = 3x - 15

y = (3x - 15)/5

If x = 0, y = -3

x = 1, y = -2.4

x = 2, y = -1.8

x = -1, y = -3.6

x = -2, y = -4.2

Thus, the graph of the function -3x+5y=-15 is a linear function we can draw it by finding the values of y for every value of x.

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 HELP
Dieing from math in the picture. I think I did it wrong. Please help. :(

Answers

X = 352.3 [your work is correct]

then the perimeter would be 352.3 + 352.3 + 280 + 280 = 1,264.55

Solve equation by using the quadratic formula.
2x² - 5x = 7

Answers

Answer:

c

Step-by-step explanation:

trust

About the Snowflakes
Last winter, I was watching the first snow of the year as it began. As I

was watching, I noticed an interesting pattern: The first minute, only

one snowflake fell. During each passing minute, the number of

snowflakes that fell was equal to the total on the ground plus one.

If this pattern continued for the whole snowstorm, how many

snowflakes fell during the 12th minute? During the 24th minute?


To get 100% on this assignment, you must write a variable

expression that represents how many snowflakes would fall during

the nth minute.

Answers

Using a geometric sequence, it is found that:

2048 flakes fell during the 12th minute.8,388,608 flakes fell during the 24th minute.

What is a geometric sequence?

A geometric sequence is a sequence in which the result of the division of consecutive terms is always the same, called common ratio q.

The nth term of a geometric sequence is given by:

[tex]a_n = a_1q^{n-1}[/tex]

In which [tex]a_1[/tex] is the first term.

On the first minute, one flake fell. On the second minute, two flakes fell. On the third minute, four flakes fell(3 + 1). On the fourth minute, eight flakes fell(1 + 2 + 4 + 1). Hence the first term and the common ratio of the sequence are given by:

[tex]a_1 = 1, q = 2[/tex].

And the amount of flakes that fell in the minute n is:

[tex]a_n = 2^{n-1}[/tex]

In the 12th minute, the amount is given by:

[tex]a_{12} = 2^{12-1} = 2048[/tex]

In the 24th minute, the amount is given by:

[tex]a_{24} = 2^{24-1} = 8388608[/tex]

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Alex buys 24 apples from the supermarket. When he gets home, he finds that 6 apples are bad. What percentage of the apples are bad? Round your answer to the nearest number.

Answers

Answer:

25%

Step-by-step explanation:

6/24 of the apples went bad

we can still simplify 6/24

1/4

1/4 is equal to 25%

hope this helps

Reggie put $400 in a savings account that earns 6% interest each year how much money will he have in his account after two years??

Answers

Answer:

Your answer is 4800

Step-by-step explanation:

I: PRT

400

  .6

____

2400

0000

_____

2400

       2

_____

4800

Have a wonderful day/night and good luck

stay safe, and stay healthy

Ty for brainliest!

Answer:

4800

Step-by-step explanation:

In a story, a tortoise and a hare take part in a race.
They have to run up and down the same hill.
The distance from the foot to the top of the hill is 996 meters.
The hare takes a nap after rrunning 578 meters.
How much further must the hare run to complete the race?
Give your answer in kilometers and meters.

Answers

Answer:

418 meters

Step-by-step explanation:

The total distance is 996 meters, hare completed 578 meters. The question asked how much further hare has to run which indicates that this is a subtraction problem.

Equation to solve :996-578=x

x=418

Hope this helps, let me know if I am wrong. Have a good day:)

)) What is 2.1 x 3.2?​

Answers

the answer is 6.72.

2.1 x 3.2 = 6.72

Answer:

6.72 is the answer

10 in.
12 in.
8 in.
Find the surface area

Answers

Answer:

592 square inches

Step-by-step explanation:

2(S1)+2(S2)+2(S3)=SA

2(10*12)+2(12*8)+2(10*8)=SA

2(120)+2(96)+2(80)=SA

240+192+160=SA

SA=592 in. Squared

What is the shortest strip of fiber from which five pieces of the following lengths can be cut: 9 1/2 inches, 10 11/16 inches, 6 9/16 inches, 7 1/2 inches, and 1 5/8 inches? No allowance is made for waste.​

Answers

Answer:

35 7/8 inches

Step-by-step explanation:

Shortest strip

9 1/2 + 10 11/16 + 6 9/16 + 7 1/2 + 1 5/89 8/16 + 10 11/16 + 6 9/16 + 7 8/16 + 1 10/169 + 10 + 6 + 7 + 1 + (46/16)33 + 2 7/835 7/8 inches

Simplify be using distributive property: 3(4x -3) + 5(2x - 1)

Answers

Answer:

25

Step-by-step explanation:

50 POINTS WILL MARK BRAINLIEST

Answers

Answer: A and B.
The scale factors can be found by writing the corresponding bases of the two rectangles as a ratio, which gives either 2:10 or 10:2. Ratios can also be written as fractions, so the scale factors then become either 1/5 or 5. The answers are A and B.

state whether each is a property that shows congruence between two triangles using Yes or No.

_____ 2. SSS
_____ 5. SAS
_____ 3. SSA
_____ 6. ASA
_____ 4. AAS
_____ 7. AAA

Answers

Answer:

yes

yes

no

yes

yes

no

Step-by-step explanation:

Jacob earns $60 in 2 hours , or $150 in 5 hours. Write and equation to represent his earnings.

Answers

Answer:

2      

Step-by-step explanation:

if you divided each number by the minute time you would then divide both numbers like 2 x 60 + 60 and 5 x 60+60+60+60+60=300 divided that with the two numbers and then you get 2

Hello, we need help with these questions

Answers

Answer:

...

Step-by-step explanation:

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