Answer:
<h2>
$31,745</h2>
Step-by-step explanation:
Compound continuously:
FVn = PV x e^rn
where
PV = $20,000
r = 3.85%
n = 12 years
plugin values into the formula:
FV₁₂ = $20,000 x e ⁰°⁰³⁸⁵ ⁽¹²⁾
FV₁₂ = $31,745
Multiply 13 by 3
13 * 3 = 39 miles
Hope this helps :)
You could use the function:
f(x)=30+2x
100=30+2x
In which lets say he rode 3 rides. Plug in 3 for x.
100=30+2(3)
Then Multiply
100=30+6
Then combine 30 and 6 to get 36.
Then you can subtract 36 from 100 to get
$64 left over.
It should be 7 tens because both side should be equal.
