Answer:
This is a guess!
When looking at the given equation I can not help but think of compound interest. So I am going to convert this into that format.
'~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Within the context of financial interest:
Looking for:
P
(
1
−
x
)
n
Where P is the principle sum,
x
is the interest and n is the number of interest cycles (annual)
'~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Given:
y
=
5100
(
0.95
)
x
But
0.95
=
1
−
0.05
so we have
y
=
5100
(
1
−
0.05
)
x
But
.
0.05
=
5
100
So we have
y
=
5100
(
1
−
5
100
)
x
Thus the percentage change each year is
−
5
%
Step-by-step explanation:
-7 is the missing exponent
Answer:
n=13
Step-by-step explanation:
24=3(n-5)
24=3n-15
-3n=-24-15
-3n=-39
n=13
Answer:
$4080
Step-by-step explanation:
We have the amount she will pay back, but first, we need to find the Interest accrued.
Simple Interest is given as:
where P = principal
R = rate
T = time taken (in years)
Therefore, the interest on $3,000 at 9% simple interest for 4 years is:
I = $1080
Therefore, the amount she will pay back is:
$3000 + $1080 = $4080
B I did this to:) it’s pretty easy once u get the hang of it
