A rectangular picture measures 6 inches by 9 inches. If a copy machine makes each of the two dimensions 1+1/3 larger, what is th
1 answer:
You might be interested in
Answer:
Input - Output
2 - $290
12 - $690
24 - $1170
Step-by-step explanation:
Cost after n months:
The cost after n months is given by the following function:
After 2 months:
This is C(2). So
After 12 months:
This is C(12). So
After 24 months:
This is C(24). So
Table:
Input - Output
2 - $290
12 - $690
24 - $1170
Answer:
9.42 years (= 113 months)
Step-by-step explanation:
Use the compound rate interest formula:
where:
- A = amount
- P = principal
- r = interest rate (in decimal format)
- n = number of times interest is compounded per unit t
- t = time
Given:
- A = $7850
- P = $5000
- r = 4.8% = 0.048
- n = 12
- t = years
Take natural logs: