Answer:
X=7
Step-by-step explanation:
Okay so here you go
<span>Decimal Form: -1.266667
</span>
Fraction form: -19/15
hears how:
Simplify brackets
-2/3 - 3/5
Simplify: -19/15
Answer:
The exponential equation is <em>A = 600(1.04)^15</em>
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The value of the mutual fund after 15 years is <em>$1,081</em>
Step-by-step explanation:
The value of the mutual fund after the number of years can be represented using the compound interest equation below;
A = P(1 + r/n)^nt
Where A is the value of the mutual fund after 15 years, P is the initial amount invested which is $600, r is the interest rate which is 4% or 0.04(4% = 4/100 = 0.04), n is the number of times we are compounding per year(which is 1 since it is a one time payment per year) and t is the number of years which is 15
Let's plug these values, we have;
A = 600(1 + 0.04/1)^15
A = 600(1.04)^15
A = $1,081 approximately
Because the triangles are similar, we can form the proportion 3/4 = 4/a
Cross multiply and solve for 'a'
3/4 = 4/a
3*a = 4*4
3*a = 16
3*a/3 = 16/3
a = 16/3
a = (15+1)/3
a = (15/3)+(1/3)
a = 5+(1/3)
The answer is choice B)