It will take 2 years.
Year 1 :
4% 2.5k = 2.5k/100 × 4 = $100 in interest
$2.5k + $0.1k = $2.6k
Year 2 :
4% 2.6k = 2.6k/100 × 4 = $104 in interest
$100 + $104 = $204 > $200
There may be a simpler way to solve this using a formula for example, but I just solved this step by step. Please feel free to ask if you have any questions
Answer:
A) 1/9, 3, 27
Step-by-step explanation:
i think you mean 3^x (and not 3x).
because otherwise none of the answer options withdraw makes any sense.
3^-2 = 1/(3²) = 1/9
3¹ = 3
3³ = 27
Step-by-step explanation:
We need to find an expression for
.
We can solve it as follows.
We know that,

So,

or

Hence, this is the required solution.
Answer:
after 10 months
Step-by-step explanation:
Let x be the number of months and y be the amount they still owe.
Sin Ian borrows $1000 from his parents, then the y-intercept b= 1000 since he owes $1000 when x = 0. He pays them back $60 each month The slope is then m = -60 . Substituting in b = 1000 and m = -60 into the slope-intercept form of a line then gives y= mx + b=-60x +1000.
Sin Ken borrows $600 from his parents, then the y-intercept b = 600 since he owes $600 When x= 0. He pays them back $20 per month so the amount he owes decreases $20 each month. The slope is then m = -20 . Substituting in
b= 600 and m = -20 into the slope-intercept form then gives y = mx +b = -20x + 600.
They will owe the same amount when they have the same y-coordinate. Therefore -60x+ 1000= y= -20x+600. Solve this equation for x:
-60x+ 1000 = -20x+ 600
1000 = 40x+ 600
400 = 40x
10=x
They will then owe the same amount after 10 months.
15 miles is how far she has to go. I think you have a Typo