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uysha [10]
3 years ago
11

Shelly invested $1,000 at a rate of 5% interest per year. Which equation models the value of the investment, V, after t years?

Mathematics
1 answer:
Nana76 [90]3 years ago
8 0

Answer:

Step-by-step explanation:

You don't say whether this is compound interest or simple interest.

I will assume it's compounding that interests you.

The appropriate formula is

A = P(1 + r)^t, where r is the interest rate as a decimal fraction, t is the time in years, and P is the original amount.  Thus:

A = $1000·(1 + 0.05)^t, or  A = $1000·(1.05)^t

Please note:  There were apparently possible answer choices.  Next time, please be sure to list such choices.  Thank you.

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Two families stayed at the same hotel in identical rooms. The first family stayed for 5 nights and paid extra to use a rollaway
Vesna [10]

Part A: The system of equations that can be used is

5h + 2b = 413

3h + b = 243

Part B: The cost per night of renting a room is $73 and the cost per night using a roll away bed is $24

Step-by-step explanation:

Two families stayed at the same hotel in identical rooms

  • The first family stayed for 5 nights and paid extra to use a roll away bed for 2 of the nights.
  • Their total bill was $413
  • The second family stayed for 3 nights and used a roll away bed for 1 night.
  • Their total bill was $243

We need to write a system of equations that can be used to find, h, the cost per night of renting a room at the hotel, and b, the cost per night of using a roll away bed at the hotel and find the values of h and b using the elimination method

Part A:

∵ The first family stayed for 5 nights

∵ The cost of the renting room per night is $h

∴ The cost of the five nights = 5h

∵ The first family paid extra to use a roll away bed for 2 of the nights

∵ The cost of the roll away bed per night is $b

∴ The cost of the two nights = 2b

∵ Their total bill was $413

∴ 5h + 2b = 413 ⇒ (1)

∵ The second family stayed for 3 nights

∵ The cost of the renting room per night is $h

∴ The cost of the five nights = 3h

∵ The first family paid extra to use a roll away bed for 1 of the night

∵ The cost of the roll away bed per night is $b

∴ The cost of the two nights = b

∵ Their total bill was $243

∴ 3h + b = 243 ⇒ (2)

The system of equations that can be used is

5h + 2b = 413

3h + b = 243

Bart B:

∵ 5h + 2b = 413 ⇒ (1)

∵ 3h + b = 243 ⇒ (2)

- Multiply equation (2) by -2 to eliminate b

∴ -6h - 2b = -486 ⇒ (3)

- Add equations (1) and (3)

∴ -h = -73

- Multiply both sides by -1

∴ h = 73

Substitute the value of h in equations (1) or (2) to find b

∵ 3(73) + b = 243

∴ 219 + b = 243

- Subtract 219 from both sides

∴ b = 24

The cost per night of renting a room is $73 and the cost per night using a roll away bed is $24

Learn more:

You can learn more about the system of equations in brainly.com/question/2115716

#LearnwithBrainly

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Factor completely x2 − 36.
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Answer:

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Step-by-step explanation:

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