you invest $2,000 in a stock plan and another $2,000 in a savings account the stock plan decreases 7% the first year and gains 1
2 answers:
You might be interested in
Using an exponential function, the inequality is given as follows:
The solution is t > 2.9, hence the tax status will change within the next 3 years.
<h3>What is an exponential function?</h3>A decaying exponential function is modeled by:
In which:
- A(0) is the initial value.
- r is the decay rate, as a decimal.
For this problem, the parameters are given as follows:
A(0) = 9400, r = 0.143.
The population after t years is modeled by:
The tax status will change when:
Hence the inequality is:
Then:
Since both logs are negative:
t > 2.9.
The solution is t > 2.9, hence the tax status will change within the next 3 years.
More can be learned about exponential functions at brainly.com/question/25537936
#SPJ1
Graphs of linear functions
Since we are graphing a line, if we have two points we can plot the whole line
We evaluate the line in two points in order to locate two places where it passes through. We say y = h(x)
1. If x = 0 then
h(x) = - 5(0) +3
= 0 + 3
= 3
Then y = 3
2. If x = 2 then
h(x) = - 5(2) +3
= -10 + 3
= -7
Then y = -7
Now, we have two points: (0, 3) and (2, -7)
We locate them and then we plot the only straight line that passes through both points