Step-by-step explanation:
Since



The function has a constant factor so we have a exponential function.
The equation of a exponential function is

Where a is the initial value and b is the growth factor
The growth factor is 3/2,
The initial value in 32

Plug in 4 for x.
You will get 162
Plug in 5 for x you will get
243.
2013- 162
2014- 243
House price = down payment + mortgage x number of months
430,000 = 250,000 + 2,000x where x is number of months
To find number or months solve for x
430,000 = 250,000 + 2,000x
Subtract 250,000
180,000 = 2,000x
Divide by 2,000
x = 90 months
12 months in one year
90 = 84 + 6 = 12 x 7 + 6
7 years and 6 months
Answer:
Step-by-step explanation:
um
Answer:
-1
Step-by-step explanation:
For a line joining two points (x1, y1) and (x2, y2), it's slope is given as:

Here, the two points are (-1, 6) and (2, 3) in place of (x1, y1) and (x2, y2).
Solving for slope:




Hence, the slope of the line joining the given points is <u>-1.</u>
Answer:$6451.6 should be deposited.
Step-by-step explanation:
The principal was compounded monthly. This means that it was compounded 12 times in a year. So
n = 12
The rate at which the principal was compounded is 7.2%. So
r = 7.2/100 = 0.072
It was compounded for 3 years. So
t = 3
The formula for compound interest is
A = P(1+r/n)^nt
A = total amount in the account at the end of t years. A is given as $8000 Therefore,
8000 = P (1+0.072/12)^12×3
8000 = P(1+0.006)^36
8000 = P(1.006)^36
P = 8000/1.24
P = $6451.6