If MNO = PQR which of the following can you NOT conclude as being true?
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keeping in mind that 4 months is not even a year, since there are 12 months in a year, 4 months is then 4/12 years.
let's assume is simple interest.
Forget the 1996 for the moment. Just count the number of years that go by.
30500*(1.02)^x= 32500 + 600x The easiest way to handle this is either to use a spreadsheet or graph if. I don't see an algebraic way of doing it. I'll try the graph first.
The red line is y = 32500 + 600x
Now let's try a spreadsheet.
I can't copy and past a spreadsheet's contents, but it shows that they are about equal when x = 17.
y = 32500 + 600x gives 42700 when x = 17
y = 30500*(1.02)^17 gives 42707 when x = 17 You cannot get much closer than that.
30500*(1.02)^x= 32500 + 600x The easiest way to handle this is either to use a spreadsheet or graph if. I don't see an algebraic way of doing it. I'll try the graph first.
The red line is y = 32500 + 600x
Now let's try a spreadsheet.
I can't copy and past a spreadsheet's contents, but it shows that they are about equal when x = 17.
y = 32500 + 600x gives 42700 when x = 17
y = 30500*(1.02)^17 gives 42707 when x = 17 You cannot get much closer than that.