We have been given that Clare made $160 babysitting last summer. She put the money in a savings account that pays 3% interest per year. If Clare doesn't touch the money in her account, she can find the amount she'll have the next year by multiplying her current amount 1.03.
We are asked to write an expression for the amount of money Clare would have after 30 years if she never withdraws money from her account.
We will use exponential growth function to solve our given problem.
An exponential growth function is in form 
, where
y = Final value,
a = Initial value,
r = Growth rate in decimal form,
x = Time.
We can see that initial value is $160. Upon substituting our given values in above formula, we will get:
To find amount of money in Clare's account after 30 years, we need to substitute 
in our equation.
Therefore, the expression 
represents the amount of money that Clare would have after 30 years.
Answer:
The principal must be = $8991.88
Step-by-step explanation:
Formula for compound interest is:
Where A is the amount after 't' years.
P is the principal amount
n is the number of times interest is compounded each year.
r is the rate of interest.
Here, we are given that:
Amount, A = $15000
Rate of interest = 13 % compounded quarterly i.e. 4 times every year
Number of times, interest is compounded each year, n = 4
Time, t = 4 years.
To find, Principal P = ?
Putting all the given values in the formula to find P.
So, <em>the principal must be = $8991.88</em>
Answer:
a2 (10x10) + b2 (4x4) = c2 (100+16)
Answer: √116
Answer:
they would need 15 cases for 410 bag of chips
Step-by-step explanation:
410/7= about 15
Answer:
the roots are {-4/3, 4/3}
Step-by-step explanation:
Begin the solution of 11=6|-2z| -5 by adding 5 to both sides:
11=6|-2z| -5 becomes 16 = 6|-2z|.
Dividing both sides by 12 yields
16/12 = |-z|
There are two cases here: first, that one in which z is positive and second the one in which z is negative.
If z is positive, 4/3 = -z, and so z = -4/3, and:
If z is negative, 4/3 = z
Thus the roots are {-4/3, 4/3}
