Answer: The owner reaches at Rs. 56438.28 after 30 years.
Step-by-step explanation:
Since we have given that
Sum = Rs. 17000
Rate of compounded daily = 4%
Number of years = 30 years
So, Using "compound interest formula" we get that :
Hence, The owner reaches at Rs. 56438.28 after 30 years.
Given that Angelo spends the same amount everyday from the amount in
the lunch card, the function of the amount remaining is a linear function.
Reasons:
The amount Angelo's mother put on the lunch card = $50
A possible table of values to the question is presented as follows;
Required:
The constant rate of the function that gives the amount remaining from the
amount Angelo's mother put on his lunch card.
Solution:
The two ordered pair that can be used to find the slope or constant rate of change are;
(x₁, y₁) = (1, 44.75), and (x₂, y₂) = (2, 39.5)
With the above two ordered pairs, we have the constant rate of change of the function given as follows;
The constant rate of change for the function that gives the amount remaining in the lunch card is; <u>-5.25</u>
Learn more about the constant rate of change of a function here: