<h3>
Answer: p = 0.12*(1.02)^t</h3>
Explanation:
The general exponential growth equation is
p = A*B^t
where t is the number of years that have gone by after 2008, A is the starting amount, B is the growth multiplier, and p is the price t years after 2008
We know that A = 0.12 is the starting price
The value of B is B = 1.02 which is in the form 1+r since 1.02 = 1 + 0.02 = 1+r
The r value is r = 0.02 and it is positive to represent growth. Keep in mind that 2% = 2/100 = 0.02
So we go from
p = A*B^t
to
p = 0.12*(1.02)^t
Equal angles are usually called ''alternate angles''.
Step-by-step explanation:
Use the formula (Y2 - Y1)/(X2 - X1) to find the slope between two points
We'll make Point 1 (which is X1 and Y1) the Y-intercept so
X1, Y1 = (0, 5.00)
And we'll make Point 2 (which is X2 and Y2) the point on the trend line
X2, Y2 = (200, 6.00)
Plug into the formula:
(6.00 - 5.00)/(200 - 0)
= 1/200 or 0.005
Slope: 1/200 or 0.005
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