Answer:
x = 5
Step-by-step explanation:
because the log is base 2 you can remove the log by raing 2 to the power of each side:

the 2 and log2 cancel leaving:

this means we can now solve through simple algebra:

Answer:
The value after three years is $137,027.97
Step-by-step explanation:
Here, we want to get the value of the home after 3 years
Generally, we have the exponential formula as follows;
y = P(1 + r)^t
where P is the original cost which is $124,400
r is the rate of increase which is 3% = 3/100 = 0.03
t is the time which is 3 years
Substituting these values;
y = 125400(1 + 0.03)^3 = $137,027.97
Answer:
Who’s gay?
Step-by-step explanation:
Answer:
While both types of interest will grow your money over time, there is a big difference between the two. Specifically, simple interest is only paid on principal, while compound interest is paid on the principal plus all of the interest that has previously been earned.
Answer:
the slope is 1
Step-by-step explanation:
you could just leave it as x in the equation