1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ycow [4]
2 years ago
11

A philanthropist pledges to donate 10% of a fund each year. If the fund initially has $450,000 how much will

Mathematics
1 answer:
Ann [662]2 years ago
6 0

After 7 years fund balance will be $2152336.05 if the philanthropist pledges to donate 10% of a fund each year.

<h3>What is an exponential function?</h3>

It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent. \rm y = a^x

where a is a constant and a>1

We have:

A philanthropist pledges to donate 10% of a fund each year.

We can find the amount left after 7 years as follows:

A = 450000(1 - 0.1)⁷

10% of a fund each year.

Rate r = 10% = 0.1

A = 450000(0.9)⁷

A = $2152336.05

Thus, after 7 years fund balance will be $2152336.05 if the philanthropist pledges to donate 10% of a fund each year.

Learn more about the exponential function here:

brainly.com/question/11487261

#SPJ1

You might be interested in
The point StartRoot x EndRoot is plotted on the number line. A number line going from 9 to 10 in increments of 0.1. StartRoot x
borishaifa [10]
87

Take 9.35 = sqrt(x) —> x = 87.4 —> 87
7 0
3 years ago
Read 2 more answers
A daily mail is delivered to your house between 1:00 p.m. and 5:00 p.m. Assume delivery times follow the continuous uniform dist
german

Answer:

25% of deliveries

Step-by-step explanation:

This is a uniform distribution with parameters a = 1.00 and b =5.00. With these conditions, the following probability distribution functions can be applied:

P(X \leq x)=\frac{x-a}{b-a}=\frac{x-1.00}{5.00-1.00}\\P(X \leq x) = \frac{x-1}{4}\\P(X \geq x) = 1- P(X \leq x) \\P(X \geq x)=1- \frac{x-1}{4}

Therefore, the probability that X ≥ 4:00 p.m. is given by

P(X \geq 4)=1- \frac{4-1}{4}\\P(X \geq 4)=0.25=25\%

Thus, 25% of deliveries are made after 4:00 p/m.

7 0
3 years ago
If y varies directly as the x^2 and y =200 when x =5 ,What is the value of y when x =-3
PtichkaEL [24]

The answer you want would be -120

b/c 200/5 is 40 so -3*40 is <em>-120</em>

6 0
3 years ago
Read 2 more answers
If f(x)=(x+1)(x-2)(x-3) represents a student's displacement from school in
amm1812
A is the answer to your question
5 0
3 years ago
1. Annual sales for a fast food restaurant are $650,000 and are increasing at a rate of 4% per year
Zielflug [23.3K]

Answer:

The value after 7 years is $ 855355.65

Solution:

Given that, Annual sales for a fast food restaurant are 650000 and are increasing at a rate of 4% per year

To find:  exponential function to find the annual sales after 7 years

The exponential growth function is given as:

Where,

"a" is the initial amount

"y" is the future value

"r" is the rate of interest in decimal

"t" is the number of years

Here in this given question,

a = 650000

t = 7 years

Substituting the values in given formula,

Thus the value after 7 years is $ 855355.65

Step-by-step explanation:

4 0
3 years ago
Other questions:
  • Math help please!!!! will be marking brainly
    8·1 answer
  • ABC is a right triangle with right angle at ∠B.
    9·1 answer
  • Fred got a score of 68 on the test. Enter a division sentence using negative numbers where the quotient represents the number of
    13·2 answers
  • 6 children and 2 adults are going to the circus, children tickets are on sale, half the price of adult tickets totaling $54. How
    6·1 answer
  • at a soccer camp there is a boy to girl ratio of 9 to 7. if there's 63 girls how many boys were there?​
    14·1 answer
  • CAN SOMEONE ANSWER JUST S4 PLEASE
    15·1 answer
  • How far is (3,-5) to (9,-5)
    12·2 answers
  • Make the subject of the formular<br> A=arh <br>C=2Ar<br>​
    7·1 answer
  • 3 A random sample of 100 PUJ (public utility jeep) shows that a jeepney is driven on the average 24,500 km per year, with a stan
    10·1 answer
  • Help me answer, please
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!