Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
0.034833091436865 This is the answer. Sorry but can't show work
Option 1 =$497.5 option 2 =$494.5 option 3 =$50.5
A: the formula would be f(x) = P(R) ^T or f(x) = Principle(rate)^time
B: f(x) = 20,000(0.85)^5
C: = 8,874.10625
D: Yes, the final answer makes sense compared to the origional cost of the car in relation to the formula. As well, time decreases the value of a car, so for the cost to be so low only makes sense due to the cars decrease in value or an extended and elongated amount of time.
E: You can solve this equation graphically by plotting th point at 20,000 and then taking 85% of 20,000 and plotting it each time until you get to the fifth year.
Answer:
Step-by-step explanation:
2x+16= 3(x-9)
2x+16= 3x-27
3x-2x^^
16= x-17
16+17
x= 33
