Lisa has the following assets and liabilities. What is her net worth?
2 answers:
Answer:
Lisa has a net worth of $1200.
Step-by-step explanation:
Net worth of a person is defined as his total assets minus total liabilities. Assets are his personal things that he owns and liabilities are to be paid off.
Assets here are : car, saving account, cash and video camera.
Liabilities are : car loan and credit card
So, total assets will be =
Total liabilities are =
So, net worth will be =
Hence, Lisa has a net worth of $1200.
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Answer:
The graph in the attached figure
Step-by-step explanation:
we have
This is a exponential function of the form
where
a is the initial value or the y-intercept
b is the base of the exponential function
If b>1 then is a exponential growth function
If b<1 then is a exponential decay function
In this problem
The y-intercept is equal to
For x=0
The y-intercept is the point (0,1)
so
The value of b is greater than 1
so
Is a growth function
To plot the graph create a table with different values of x and y
For x=-1
f(x)=2^-1=0.5
point (-1,0.5)
For x=1
point (1,2)
For x=2
point (2,4)
For x=3
point (3,8)
For x=4
f(x)=2^4=16
point (4,16)
Plot the y-intercept and the other points and connect them to graph the exponential function
Note that as x increases the value of y increases (exponential growth function)
The graph in the attached figure
