For this case we have an equation of the form:
y = A * (b) ^ t
Where,
A: initial amount
b: growth rate
t: time
The given equation is:
a = 1300 (1.02) ^ 7
Where,
b = 1.02
It represents a growth of 2% on the initial amount.
Answer:
1.02 represented in this equation a growth of 2% on the initial amount.
Answer:
Lower than 50%
Step-by-step explanation:
Answer:
5/6
Step-by-step explanation:
<em>Dividing fractions:</em>
<em>Step 1: Rewrite the first fraction as it is.</em>
<em>Step 2: Replace the division sign with a multiplication sign.</em>
<em>Step 3: Flip the second fraction.</em>
<em>Step 4: Multiply the fractions and reduce the product if necessary.</em>
Let's use the rule of dividing fractions on your problem.
Step 1: Rewrite the first fraction as it is.
Step 2: Replace the division sign with a multiplication sign.
Step 3: Flip the second fraction.
Step 4: Multiply the fractions and reduce the product if necessary.
To multiply fractions, multiply the numerators together, and multiply the denominators together.
We notice that the greatest common factor of 20 and 24 is 4, so we divide both the numerator and denominator by 4 to reduce the fraction.
Answer:
12.5%
Step-by-step explanation:
Five divided by 40 is 12.5