Answer: Choice B) Investment decreases by 3% each month
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Explanation:
We won't use the value 2500 at all.
The base of the exponential is 0.97
Set this equal to 1+r and solve for r
1+r = 0.97
r = 0.97-1
r = -0.03
The negative r value indicates we have exponential decay, so the value of the investment decreases by 3% each month.
Let's say you had $100 to start off. This would mean the investment would be worth $97 after one month is up.
Answer:
553% is equal to 5.53
Step-by-step explanation:
To change a percent to a decimal, divide it by 100, because percent means, per one hundred.
Answer:
= 10n
Step-by-step explanation:
The nth term of an arithmetic sequence is
= a₁ + (n - 1)d
where a₁ is the first term and d the common difference
Here a₁ = 10 and d = a₂ - a₁ = 20 - 10 = 10 , then
= 10 + 10(n - 1) = 10 + 10n - 10 = 10n
If you let X = the distance in miles from Dales's house, and understand rate = distance/ time, the rate going to mountains = x/7, and back from mountains is x/5. If dale was 18mph fast going home, the equation would be...
(coming home rate) = (going to mountain rate) + 18 which is
x/5 = x/7 + 18. Then solve for X.
Use the least common denominator = 35 so multiply everything by 35 and you get...
7x = 5x+630
simplify...
2x = 630, then
x = 315 .
Dale live 315 miles away from the mountains.