Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85
Answer:
While it's true that quadratic functions have no domain restrictions, the range is restricted because x2 ≥ 0. The correct answer is: The domain is all real numbers and the range is all real numbers f(x) such that f(x) ≥ 7.
Step-by-step explanation:
Answer: The value of a is -6.
Step-by-step explanation:
To do this we need to find the y-intercept first.
-2= 4(1/2) + b
-2=2+ b
-2 -2
b= -4 so now the y-intercept is -4 so we will now have the equation y= 1/2x -4
so now put -4 into the equation for x and solve for y.
y= 1/2(-4) -4
y = -6
the point where the two lines intersect will be your answer.
from the photo, your x-coordinate will be 4, and your y-coordinate will be 1. that's where the two lines meet, so that's the solution.
the answer will be (4,1).
i hope i helped! good luck.