Cool stuff !!!!!!!! lol is that all
B is in standard form
Step-by-step explanation: standard form is y=mx+b
Skippy should invest $ 7500 in account offering 4 % interest and $ 2500 in account offering 8 % simple interest
<em><u>Solution:</u></em>
Given that Skippy has a total of $10,000 to split between two investments
One account offers 4% simple interest, and the other account offers 8% simple interest
Total interest earned = 500
Number of years = 1
Let the principal with rate of interest 4 % is x
So the principal for rate of interest 8 % is 10000 - x
Total interest earned = simple interest for 4 % interest + simple interest for 8 % interest
Simple interest is given as:
Where "p" is the principal and "r" is the rate of interest and "n" is the number of years
Therefore,
Therefore skippy should invest $ 7500 in account offering 4 % interest
And skippy should invest (10000 - x) = (10000 - 7500) = $ 2500 in account offering 8 % interest
Just add 3/4 to 3 so the answers is 3 3/4 miles
Answer:
<em>a) </em><em />
<em>b) Nicki's house is worth $281,143 in 4 years</em>
Step-by-step explanation:
<u>Exponential Growth Function
</u>
The exponential function is commonly used to model natural growing or decaying processes where the change is proportional to the actual quantity.
An exponential growth function is expressed as:
Where:
C(t) is the actual value of the function at time t
Co is the initial value of C at t=0
r is the growth positive rate, expressed in decimal
Nicki paid Co=$245,000 for a house and it's known that home prices increase by r=3.5%=0.035 each year.
a)
Substituting the given values, the equation is:
b) The value of Nicki's house in t=4 years is:
Nicki's house is worth $281,143 in 4 years