Please help me!You have the opportunity to lease space for your business. The property owner has proposed

3 answers
Question:

Please help me! You have the opportunity to lease space for your business. The property owner has proposed a four year lease with a rent of $29,000 per year. If a proposed rent increase is 2% per year what will the annual rent be at the end of four years? A.)$13,200 B.)$22,000 C.)$31,390 D.)$32,440​

Answers

C.)$31,390

Step-by-step explanation:

You can use the formula to calculate the future value to find the

FV=PV*(1+i)^n

FV= future value

PV= present value= 29,000

i= interest rate=2%

n= number of periods of time= 4

Now, you can replace the values in  the formula:

FV=29,000*(1+0.02)^4

FV=29,000*(1.02)^4

FV=31,390

According to this, the answer is that the annual rent would be $31,390 at the end of four years.

820,000 is the answr

Hello!

the answer is:

the answer is:

[tex]\frac{3^{4} }{3^{1}}=3^{3}[/tex]

why?

to solve the problem, we need to remember the quotient of power property, it's defined by the following relation:

[tex]\frac{a^{m} }{a^{n} }=a^{m-n}[/tex]

if we have a quotienf of powers that have the same base, we need to keep the same base and subtract the exponent of the denominator power to the exponent of the numerator power.

so, we are given the expression:

[tex]\frac{3^{4} }{3^{1}}[/tex]

then, calculating we have:

[tex]\frac{3^{4} }{3^{1}}=3^{4-1}=3^{3}[/tex]

hence, the answer is:

[tex]\frac{3^{4} }{3^{1}}=3^{3}[/tex]

have a nice day!

Similar Solved Works

6 answers

Acharged box (m=445 g, =+2.50 μc) is placed on a frictionless incline plane. another charged box =+75.0

Acharged box (m=445 g, =+2.50 μc) is placed on a frictionless incline plane. another charged box =+75.0 μc) is fixed in place at the bottom of the incline. if the inclined plane makes an angle theta of 35.0∘ with the horizontal, what is the magnitude of the acceleration of the box when it is 59....
5 answers

Where does a fertilized egg spend the majority of its time '

Where does a fertilized egg spend the majority of its time '...
3 answers

Which pair of ratios form a proportion?a. 9/23 and 27/46 b. 11/6 and 44/36 c. 13/4 and 65/24 d. 19/14

Which pair of ratios form a proportion?a. 9/23 and 27/46 b. 11/6 and 44/36 c. 13/4 and 65/24 d. 19/14 and 57/42...
10 answers

What is the length of a rectangle with width 12 inches and an area of 66 inches^2

What is the length of a rectangle with width 12 inches and an area of 66 inches^2...
3 answers

What percentage of older adults live in poverty? a. ​15 b. ​11 c. ​13 d. ​9 e. ​7?

What percentage of older adults live in poverty? a. ​15 b. ​11 c. ​13 d. ​9 e. ​7?...
4 answers

Nina has b coins. clayton has 4 fewer coines than 6 times the number of coins nina has.

Nina has b coins. clayton has 4 fewer coines than 6 times the number of coins nina has. write a simplified expression for the total number of coins....
8 answers

Can someone give an explaination on pedmas? how to do it, what it means.

Can someone give an explaination on pedmas? how to do it, what it means....
5 answers

The environmental conditions listed in the box below best describe which colonial region? • broad,

The environmental conditions listed in the box below best describe which colonial region? • broad, coastal plains and hilly forests • year-round warm climate • rich farmland...
3 answers

Which is the one species of hominid that still exists today

Which is the one species of hominid that still exists today...
4 answers

Find the quotient. Simplify your answer.s/-8 % t/-6

Find the quotient. Simplify your answer. s/-8 % t/-6...
3 answers

What colonial documents did salutary neglect lead to.

What colonial documents did salutary neglect lead to....
4 answers

How do you say tanner you are my bestfriend?

How do you say tanner you are my bestfriend?...
3 answers

Why did hitler use the term “Aryan” a name that referred to ancient Indo-Europeans to describe modern

Why did hitler use the term “Aryan” a name that referred to ancient Indo-Europeans to describe modern Germanic peoples?...
4 answers

(GIVING BRAINLIEST!!)How does liquid water evaporate into the air?A) Waves from the oceanB) Large amounts of rainfallC)

(GIVING BRAINLIEST!!) How does liquid water evaporate into the air? A) Waves from the ocean B) Large amounts of rainfall C) The formation of clouds D) Heat from the sun...
3 answers

A country whose economy can be described as 'developing' is MOST likely to engage in which kind of economic

A country whose economy can be described as "developing" is MOST likely to engage in which kind of economic activity?A)primaryB)tertiaryC)secon daryD)quaternary...
5 answers

Should everyone go to college? essay

Should everyone go to college? essay...
4 answers

All of the population in a particular area make up a?

All of the population in a particular area make up a?...
4 answers

This graph shows the solution to which inequality?O A y ≥ 4/3x - 2O B. y > 4/3x - 2O C. y< 4/3x -2O D. y ≤ 4/3x - 2

This graph shows the solution to which inequality? O A y ≥ 4/3x - 2 O B. y > 4/3x - 2 O C. y< 4/3x -2 O D. y ≤ 4/3x - 2 [tex]This graph shows the solution to which inequality? O A y ≥ 4/3x - 2 O B. y > 4/3x - 2 O C. y&l[/tex]...
3 answers

Bethany finished her math homework at 4:20 p. M. She did 25 multiplication problems in all. If each problem took her 3 minutes

Bethany finished her math homework at 4:20 p. M. She did 25 multiplication problems in all. If each problem took her 3 minutes to do, at what time did Bethany start her math homework?...
4 answers

How does Sampson exemplify a Growth Mindset in chapter 21? In we beat the streets

How does Sampson exemplify a Growth Mindset in chapter 21? In we beat the streets...

-- 0.053178--