Answer:
nearest hundredth would be the second number after the decimal. 4 is not even at the halfway mark so the hundredth would be 6
Step-by-step explanation:
<h3>
Answer: p = 0.12*(1.02)^t</h3>
Explanation:
The general exponential growth equation is
p = A*B^t
where t is the number of years that have gone by after 2008, A is the starting amount, B is the growth multiplier, and p is the price t years after 2008
We know that A = 0.12 is the starting price
The value of B is B = 1.02 which is in the form 1+r since 1.02 = 1 + 0.02 = 1+r
The r value is r = 0.02 and it is positive to represent growth. Keep in mind that 2% = 2/100 = 0.02
So we go from
p = A*B^t
to
p = 0.12*(1.02)^t
Answer:
( -1 , 26)
Step-by-step explanation:
So since you need to find the other endpoint, you would follow these steps:
1.)
2.) 8 = 9 + x ( you just multiplied the 2 to the 4 to get 8)
3.) -1 = x (just solve it like a regular equation, so just subtract 9 on both sides to get rid of it and that leaves you with -1 = x)
You took the x values of both points and put them in the equation.
And its the same for y
1.)
2.) 16 = -10 + y
3.) 26 = y (you added the 10 on both sides because the 10 was negative and that took the 10 out and so it left you with 26 = y)
1 is 4 times greater than 1/4
If you multiply 1/4 by 4 you get 1
Answer:
A = 2,384.1708
Step-by-step explanation:
A = P(1 + rt)
P = 942.36
r = 12.75%
t = 12 months
A = 942.36(1 + 12.75/100(12))
A = 942.36(2.53)
A = 2,384.1708