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Shalnov [3]
3 years ago
9

After 1 year, $800 deposited in a savings account with simple interest had earned $64 in

Mathematics
1 answer:
stepan [7]3 years ago
7 0

Answer:

8%

Step-by-step explanation:

We will use the equation provided to solve this problem.

I=Prt

Lets plug in the values:

64=800x(1)     First, divide both sides by 800.

.08=x(1)         Multiply x by 1

x = .08

Now, we multiply .08 by 100 to get our interest rate:

(.08)100 = 8

The interest rate is 8%

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Answer:

a) P(t) = 330 (1.11)^{t}

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Step-by-step explanation:

a) The population increasing at an annual rate of 11%, means the population is being multiplied by 1.11 each year.

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                             P(t) = P (1+\frac{r}{100} )^{t}

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b) In this model

                        P(t) → population after t years

                          P → present population

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c) Number of population after 5 years is,

                    P(5) = 330 (1.11)^{5}

                           = 556

 Number of deer after 5 years = 556

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