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stiv31 [10]
3 years ago
15

If you borrow $952 at 9% compound quarterly for four years, how much will you pay back by the end of the year

Mathematics
1 answer:
monitta3 years ago
3 0

Answer:

23.69 per month

Step-by-step explanation:

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The amount of money it takes to fill up a gas tank varies directly with the number of gallons bought. It cost $21.87 to fill up
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Question 17
Rufina [12.5K]

Answer:

698 fishes

Step-by-step explanation:

Generally, we can represent an exponential growth function as;

y = a•(1 + r)^t

originally, there were 3 fishes

The original value in this case means a = 3

After 6 weeks, there were 31

31 in this case is y

r is the increase percentage or rate

t is the time

So, we have it that;

31 = 3•(1 + r)^6

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ln 10.33/6 = ln (1 + r)

e^0.3892 = (1 + r)

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r = 1.476-1

r = 0.476 or 47.6%

So the growth percentage or rate is 47.6%

For 14 weeks, we simply have the value of t as 14;

So ;

y = 3•(1 + 0.476)^14

y = 3(1.476)^14

y = 698 fishes

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Answer:

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Step-by-step explanation:

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