If the equation below is solved by graphing, which statement is true? log (6 x + 10) = log 1/2 x
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Answer:
Step-by-step explanation:
Hi!
The options regarding the inequalities are not listed, though we can still proceed to write the inequality.
From the problem statement you cannot spend more than $50
and you are charged admission fee of $6 flat
a ride cost $2.50 per ride
the number of rides is given as r
yet in all you must not go beyond your limit
Therefore the inequalities can be presented as
Amount must the owner make to have the cost of the ski lift in 5 years is $6,711,045.22.
<h3>What is compound interest?</h3>
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on principal plus interest.
A = P(1 + r/n)
P =5,500,000
r =4%= 0.004
n =4
t= 5 years.
Now,
A = P(1 + r/n)
A = 5,500,000.00(1 + 0.04/4)
A = 5,500,000.00(1 + 0.01)
A = $6,711,045.22
Hence, The total amount accrued is $6,711,045.22.
Learn more about compound interest here:
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