Find how much should be invested to have $12,000 in 11 months at 6.1% simple interest.
1 answer:
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Answer:
ill give you a idea to answer the question
Answer:
0.4 ft
Step-by-step explanation:
It can be convenient to let a spreadsheet compute the values for you. Here, we have written an explicit formula for the height of the n-th bounce:
h = 5.5×0.64^(n-1)
We have written the formula this way because we are given the height of the first bounce, not the starting height. Each bounce multiplies the height by a factor of 0.64. Then the 7th bounce will have a height of ...
h = 5.5×0.64^6 ≈ 0.378 ≈ 0.4 . . . . feet
