Margo borrows $100, agreeing to pay it back with 6% annual interest after 6 months. How much interest will she pay.
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Answer:
Step-by-step explanation:
The amount of water in the bucket after t hours, in mL, can be modeled by an equation in the following format:
In which V(0) is the initial amount, and r is the constant decay rate, as a decimal.
Bucket contains 425 mL of water.
This means that
The capacity of water in the bucket decreases 4.8% each hour.
This means that
So