Answer:
The value of the bond when Tyler's mom purchased it was $150
Step-by-step explanation:
we know that
In this problem we have a exponential function of the form

where
a is the initial value (y-intercept)
b is the base
r is the rate
b=(1+r)
In this problem
r=4%=4/100=0.04
b=1+0.04=1.04
substitute

where
x is the number of years since the savings bond was purchased
f(x) is the value of the savings bond
For x=1
f(x)=$156
substitute

Solve for a


therefore
The value of the bond when Tyler's mom purchased it was $150
The estimate of the amount of money Yousef will borrow by first rounding to the hundred is 4000
<h3>Estimate the amount of money Yousef will borrow by first rounding to the hundred</h3>
The amount borrowed are given as:
Last term = 1690
This term = 2345
When the amounts are rounded to the nearest hundred, the amounts borrowed become:
Last term = 1700
This term = 2300
The total amount is then calculated as:
Total amount = Last term + This term
Substitute the known values in the above equation
Total amount = 1700 + 2300
Evaluate the sum
Total amount = 4000
Hence, the estimate of the amount of money Yousef will borrow by first rounding to the hundred is 4000
Read more about approximation at:
brainly.com/question/10171109
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Answer:
no
Step-by-step explanation:
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