Answer:
hh
Step-by-step explanation:
9514 1404 393
Answer:
$222,822.57
Step-by-step explanation:
The account balance is given by ...
A = P·e^(rt)
where P is the principal invested at interest rate r for t years.
A = $25,000×e^(0.0875·25) ≈ $222,822.57
Answer:
Either (approximately ) or (approximately .)
Step-by-step explanation:
Let denote the first term of this geometric series, and let denote the common ratio of this geometric series.
The first five terms of this series would be:
First equation:
.
Second equation:
.
Rewrite and simplify the first equation.
.
Therefore, the first equation becomes:
..
Similarly, rewrite and simplify the second equation:
.
Therefore, the second equation becomes:
.
Take the quotient between these two equations:
.
Simplify and solve for :
.
.
Either or .
Assume that . Substitute back to either of the two original equations to show that .
Calculate the sum of the first five terms:
.
Similarly, assume that . Substitute back to either of the two original equations to show that .
Calculate the sum of the first five terms:
.
Answer: The student will earn $246.75 for gardening this month.
Hope this helps!