6%=0.06
if you want to know how much he paid for the sales taxes you multiply 7.5 by 0.06
7.5 . 0.06= 0.45
7.5+0.45=7.95
8>7.95
Jay have enough money to buy the book
Your answer is x = 78! Hope this helps!
Answer: it will take 14 years
Step-by-step explanation:
A savings account is started with an initial deposit of $600. This means that the principal P is
P = 600
It was compounded annually. This means that it was compounded once in a year. Therefore,
n = 1
The rate at which the principal was compounded is 2.1%. So
r = 2.1/100 = 0.021
The duration of time that for which the money stayed in the account is t years. So
Time = t
The formula for compound interest is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years. Therefore,
a) the equation to represent the amount of money in the account as a function of time in years would be
A = 600 (1+0.021/1)^1×t
A = 600 (1.021)^t
b) the amount of time it takes for the account balance to reach $800 would be
800 = 600 (1.021)^t
Dividing both sides of the equation by 600, it becomes
1.33 = (1.021)^t
t = 14
First we need to determine the type of progression in the question.That's geometric progression. Because the pattern from one sequence to the others are about multiplying.
Second, determine the ratio of the progressionr = a₂/a₁
r = a₂ ÷ a₁
r = 1/2 ÷ 2
r = 1/2 × 1/2
r = 1/4
Third, determine the formula to know the recursive rulea₂ = a × 1/4
a₂ = 1/4 × a
Fourth, determine a₁. a₁ is the first term of the progressiona₁ = 2
Final answer:Recursive rule

a₁ = 2