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a. The function that would best represent Samantha's account is f(5) = 500(1 + 0.04)^5. This is because $500 is the principal, the interest rate is 4%, and we're looking for the amount in the savings account 5 years later.

b. Okay. 1 = 0.04 is 1.04. 1.04^5 is 1.216652902. It's a long decimal, but don't delete it. Multiply that decimal by 500 and you get 608.32645 and other numbers behind it or 608 when rounded to the nearest dollar. Samantha will have about $608 in her savings account in 5 years.

Note: The formula goes like this: f(x) = P(1 + r)^x. This means, you add 1 and the simple interest rate in decimal form together and raise that up by the exponent. There is no shortcuts for this, so you'll have to use the calculator. There will be a very long decimal, but don't clear it. Instead, multiply it by the principal to get the answer. It seems very complicating, but if you do this right, it gets easier overtime and you'll make less errors. There are more complex problems out there, so this formula is very important, but it was kept simple for this question.

7 0

3 years ago

Convert 19/20 to a percent.

liraira [26]

95% is the answer you're looking for

5 0

3 years ago

Read 2 more answers

According to the same report, the 28.5 million passengers in 2018 represented a 6.7% increase in cruise passengers since 2017. h

Alisiya [41]

The number of cruise passengers must there have been in 2017 is 26.7 million.

<h3>What is percentage?</h3>

The term "percentage" comes from the Latin phrase "per centum," meaning "by the hundred." Percentages represent fractions with a denominator of 100. In other terms, it is the relationship between portion and whole in which the value of the whole is always assumed to be 100.

Now according to the question;

Let x represent the total number for cruise passengers during 2017.

In 2018, a 6.7% rise in x results in 28.5 million cruise passengers.

So, 106.7 % of x = 28.5

$\begin{aligned}&\frac{106.7}{100} * x=28.5 \\&\frac{106.7 x}{100}=28.5\end{aligned}$