The formula for exponential growth is written as y = a(1 + RATE)^time
where a is the starting value, rate is the percentage of growth written as a decimal and time in this case would be the number of days.
You are given the growth rate as 11% and the starting day was day 1.
Since the table only goes to 10 days, you can use 10 as the time, or use X as an exponent if you need to calculate more than 10 days.
Using all this information, the formula becomes y = 1(1.11)^10 for 10 days or y = 1(1.11)^x for any number of days needed.
Let the consecutive even integers be x and (x+2).
x + (x + 2) = 106
2x + 2 = 106
2x = 104
x = 52
Thus the two integers are 52 and 54.
what is this
Step-by-step explanation:
Option #1 – charges 5% simple interest per year; this is a short-term loan for only 5-years.
Option #2 – charges 7% simple interest per year; this is a short-term loan for only 3-years.
Option #3 – charges 3.2% simple interest per year; there is no time limit on this loan (as a group determine how long you think it will take you to make enough money to be able to pay back the loan with interest)
Option #4 - charges 10% simple interest per year; only lasts 10 months
Option what is this
Answer:
18
Step-by-step explanation:
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Answer:
5,040in.
Step-by-step explanation:
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