Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85
Parallel lines have the same slope. The equation of the parallel line is therefore:
y = x + b
Plug in the values you are given to find b:
2 = -3 + b
b = 5
Answer:
( 2 , 1 ) , ( 4 , 1 ) , ( 4 , 4 ) .......
First, I would solve the second parenthesis.
(4xy^3)^2
Distribute
(4^2 x^2 y^6)
4 x 4 = 16
Now, combine like terms
3x^2 x 4x^2 = 12x^4
y^2 x y^6 = y^12
So, the answer would be 12x^4 y^12
Hmm actually I'm not sure. I did this about two years ago so I don't really remember sorry if this is really wrong
