Answer:
- <em><u>The reduction is 8.6%</u></em>
Explanation:
Call F the full monthly pension of a person retiring at 62.
If a person continues to work the pension grows at a rate of 6% per year, compounded monthly, so use the compounded growing formula:
Where r = 6 / 100 = 0.06, and t = number of years after retirement.
<u>For retirement at 65.5</u>:
<u>For retirement at 67</u>:
<u>Percent reduction of people who retire at 65.5 compared to what they would receive at 67</u>:
<span>Using processing software (Excel) or even a decent scientific calculator. You input the values and generate the best fit cubic equation.
For number 1, the equation is
y = 8x10</span>⁻⁵ x³ - 0.0097 x² + 0.374 x + 1.083
where x is the number of years since 1900
y is the pounds cheese consumed
For number 2, the equation is
y = -3x10⁻⁵ x³ + 0.0028 x² + 0.2155 x + 1.7736
For number 3
P(-1) = 18
The true statement about why the Fibonacci sequence is recursively defined is (c) The Fibonacci sequence is recursively-defined because you must know the values of the two previous terms in order to find the value of the next term
<h3>How to determine the true statement</h3>
With an exception to the first two terms, each term of the Fibonacci sequence is the sum of the two previous terms
This means that,
The Fibonacci sequence cannot be defined explicitly, because the two previous terms can not be determined by a direct formula
Hence, the true statement about why the Fibonacci sequence is recursively defined is (c)
Read more about the Fibonacci sequence at:
brainly.com/question/16934596
Answer:
Step-by-step explanation:
The point slope form of a straight line is expressed as
y - y1 = m(x - x1)
Where
m represents slope of the line
y1 represents the initial value of y
x1 represents the initial value of x
If two lines are parallel, it means that they have the same slope. From the equation of the given line, slope = 1/2
Therefore,
m = 1/2
x1 = - 3
y1 = - 2
Substituting into the point slope equation, it becomes
y - - 2 = 1/2(x - - 3)
y + 2 = 1/2(x + 3)
The equation is
y + 2 = 1/2(x + 3)