For this case we have the following equation:
P (t) = P (1 + r / n) ^ (n * t)
Where,
P: initial investment
r: interest
n: periods
t: time
she will take on her 45th birthday:
for t = 25:
P (25) = 1000 * (1 + 0.0165 / 4) ^ (4 * 25)
P (25) = 1509.31 $
Answer:
The future value of this investment when she takes her trip is:
P (25) = 1509.31 $
Answer:
y = -6; -3; 0
Step-by-step explanation:
To quickly solve this problem, we can use a graphing tool or a calculator to plot the equation.
Please see the attached image below, to find more information about the graph
The equation is:
f(x) = 2x+2 , x < -3
f(x) = x, x = -3
f(x) = - x -2 , x > -3
From the graph, we can see that the values are
y = -6; -3; 0
Answer:
580 yards long.
Step-by-step explanation:
The distance of the walking tour is = 1 mile
Step 1
We have to convert 1 mile to yards
Therefore ,
1 mile = 1760 yards
Step 2
We are told that the group took a detour that was 300 yards shorter than half the distance of the tour.
The second step would be to find out how many yards is equal to half the distance of the tour.
Half the distance of the tour = 1/2 of a mile
And in step 1 we have converted whole distance of the tour to yards
= 1 mile = 1760 yards.
Hence, Half the distance of the tour = 1760 yards ÷ 2
= 880 yards.
Step 3
The group took a detour that was 300 yards shorter than half the distance of the tour.
This means mathematically,
Half the distance of the tour - 300 yards
= 880 yards - 300 yards
= 580 yards.
Therefore, the detour was 580 yards long.
