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irina1246 [14]
2 years ago
14

Need help asap!!!!!!!

Mathematics
1 answer:
Neporo4naja [7]2 years ago
7 0

Answer:

a) Linear function

b) Linear function

c) Exponential function

d) Exponential function

Step-by-step explanation:

a) The number of hours in a day increases constantly with 60 minute intervals

b) Constant speed = same distance traveled per given time - so it's linear

c) If a population doubles every y years, it means that the population is being raised exponentially - not at a constant rate, but more each year

d) Same as c

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tresset_1 [31]

Based on the information, Christian would have $5525.5 of an annuity.

<h3>How to calculate the annuity?</h3>

According to the given information, the number of coffees per week is 3 then, per month is 3x4 = 12

Each coffee is $4.5. Then monthly expenditure for coffees is 12 x 4.5 = $54

Rate of interest r = 1.6% = 1.6/100 = 0.016 and for monthly compounding r = 0.016/12 = 0.00133

n = number of payments = 8 x 12 = 96

We can use the formula for finding the future value as below

FV = C x [ ( 1 + r )n-1 ] / ( r )

FV = 54 x [ ( 1 + 0.00133 )96 – 1 ] / (0.00133)

= 54 x [ (1.13609 - 1)] / (0.00133)

= 54 x 0.13609 / (0.00133)

= 54 x 102.3233

= 5525.5

Therefore Christian would have $5525.5 of the annuity.

Learn more about annuity on:

brainly.com/question/5303391

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