Help I only have 15 minutes -2 = 12x + 22
2 answers:
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Answer and Step-by-step explanation:
First, you need to make the function to represent the information given.
We start with 70,000 in the account, and have an interest rate of 6.2%.
We want to know how long it will take to get $223,200.
The equation for simple interest is:
A =
Where A is the total amount, P is the principle amount of money, r is the rate, and t is the time.
Now, we plug in the values and solve for t.
t = 0.353
Multiply by 100 to get the years.
t = 35.3
So, it will take Allison 35.3 years to get 70,000 dollars to 223,200 dollar with an interest rate of 6.2%
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Answer: a) 236,000.
b) 2021
Step-by-step explanation:
Given : Population Growth The population P (in thousands) of Oriando,Florida from 1980 through 2009 can be modeled by (1)
where t = 0 corresponds to 1980.
Then , for 2009
t= 2009-1980=29
a. ⇒The population of Phoenix in 2009 =
Hence, the population of Orlando in 2009 was about 236,000.
b) Substitute p= 300 in (1) , we get
(Divide both sides by 130)
Taking Natural log on both sides,
Hence, The year Orlando will have a population of 300,000 =1980+41 =2021