This is like the equation of a line where y is the area, x is the time, and 8.5% is your slope. So you have y=0.085x+b (reason why I switched 8.5% into 0.085 is because that is how you write a percent as a decimal).So now you need to find what b is. So you know orignally the area is 2400km^2 at x=0 years (this is what it is initially).If you plug those numbers in you have:2400=0.085(0)+bThen after solving for b, you can write your equation as:y=0.085x+(whatever you found b to be)Then plug 13 in for x and you have your answer. y=-.085(13)+2400
Answer:
$90.12
Step-by-step explanation:
The principal amount of the loan is ...
(sale price)(1 + sales tax rate) - (down payment)
= $19,725×1.0475 -2175 = $18,486.94
For a secured loan, the APR charged for an average credit rating appears to be 5.85%, so the interest for the first month is ...
i = Prt = ($18,486.94)(0.0585)(1/12)
i = $90.12
Answer:
The formula for an exponential decay problem is: y = x (1 - r)^x
Where x = initial amount, r = rate of decay and x = # time periods
So, x = $258, r = 8% = .08 and x = 11 years
y = 258 (1 - 0.08)^11 = 258 (0.92)^11 = 258 * 0.3996 = $103.10
Step-by-step explanation:
