Answer:
A = 20,000(1.05)^x
Step-by-step explanation:
To get the approximate value of the house after x years, we will use the compound interest formula
A = P(1+r)^n
P is the principal = $20,000 (cost of house)
r is the rate = 5% = 0.05
x is the time
Substitute into the expressio
A = 20,000(1+0.05)^x
A = 20,000(1.05)^x
Hence the required expression is A = 20,000(1.05)^x
Distribute to every term inside the parentheses.
Simplify with multiplication.
You can't simplify further by adding, so leave the answer as-is.
Answer:
Step-by-step explanation:
Listen,,
You tell me a condition that tax bill is equal to of his total income
That means., tax bill = total income
Where tax bill = 1875$
Total income = 1875$