![Sauceyx7](/avatars/46772.jpg)
Sauceyx7
16.11.2020 •
Mathematics
a gold mine extracted 500,000 ounces. gold is priced at present time at $460 per ounce. the mine holds gold for 3 years. if inflation (for gold) is 5.17% per year, how much money will they receive for selling in 3 years all 500,000 ounces in actual dollars
Solved
Show answers
More tips
- H Health and Medicine How to Improve Eyesight: Science-based Techniques to Enhance Your Visual Acuity...
- F Family and Home Do Lullabies Help Babies Sleep or Is it Just a Myth?...
- H Health and Medicine Tick Traps: How to Remove Them Safely and Effectively...
- S Society and Politics Why are thugs called gopniks ? A fascinating journey through Russian subculture...
- A Animals and plants Want a Perfect Lawn? Learn How to Plant Grass the Right Way...
- A Animals and plants How to Properly Care for a Pet Decorative Rabbit at Home?...
- C Computers and Internet How to Check the Speed of My Internet?...
- H Health and Medicine 10 Ways to Cleanse Your Colon and Improve Your Health...
- W Work and Career How to Write a Resume That Catches the Employer s Attention?...
- C Computers and Internet Е-head: How it Simplifies Life for Users?...
Answers on questions: Mathematics
- M Mathematics Find a b if a = (4,3) and b =(4,5). a. 31 C. (16,15) b. (8,8) d.-1...
- M Mathematics Adding negative numbers Add. 6+(-8)=...
- M Mathematics A square has sides of length 2m + 1 divided by 2 units...
- M Mathematics What is the salute value of 10 units from 0...
- M Mathematics Which point is the vertex of the quadratic function 7(x) = (x – 4) + 3? (4,3) (3, 4) (3,-4) (-4,3)...
- M Mathematics Which rule represents the enlargement of a figure?...
- M Mathematics A professional quarterback completes a pass to a receiver 125 feet away. The football was thrown with a velocity of 80 feet per second. Use a calculator to find all possible angles...
- M Mathematics In ΔXYZ the measure of...
- M Mathematics If f(x)= 2x-3 over 5, then what is the inverse of f(x)...
- M Mathematics Which best describes Hassans explanation...
Ответ:
Step-by-step explanation:
Step one:
given data
total ounces=500,000
cost per ounce= $460
total amount of the ounce= 500,000*460= $230000000
Time t=3years
rate= 5.17%= 0.0517
Step two:
The inflation we have a compounding effect on the amount
$230000000
A=P(1+r)^t
A=230000000(1+0.0517)^3
A=230000000(1.0517)^3
A=230000000*1.1632
A=$267,536,000
They will receive a total of $267,536,000
Ответ:
Up, right, down, left, up