We have been given that you invest $850 into a stock market fund, which grows at a rate of approximately 4% each year. We are asked to write an equation that can be used to calculate the amount of money in the fund after x years.
We will use exponential growth formula to solve our given problem.
An exponential function is in form
, where,
y = Final amount,
a = Initial amount,
r = Growth rate in decimal form,
x = Time.
Let us convert 4% into decimal.
.
We have
and
, so our equation would be:


Therefore, the equation
can be used to calculate the amount of money in the fund after x years.
What if you divide it by 100?
Let's use our largest amount (quarter) to see how many can fit evenly into 1.74.
- 1.74/0.25 = 6.96
- The most quarters that can fit into $1.74 is 6.
---Multiply $0.25 by 6 = $1.50
---Subtract $1.50 from $1.74 = $0.24
---We need to use the rest of the coins to fill up $0.24.
Now let's use our second largest amount (dime) to see how many can fit evenly into 0.24.
- 0.24/0.10 = 2.4
- The most dimes that can fit into $0.24 is 2.
---Multiply $0.10 by 2 = $0.20
---Subtract $0.20 from $0.24 = $0.04
No nickels can fit into $0.04, because they are worth $0.05.
We can use our least amount (pennies) to fill in the $0.04 remaining.
Your answer is 6 quarters, 2 dimes, and 4 pennies.
Answer:
653.84 lbs.
Step-by-step explanation:
To make the computation simple, assume the 450 lb force acts along the x axis in the positive direction.
The x component of the 300 lb force is 300cos(60)=150 lbs.
The y component of the 300 lb force is 300sin(60)=
lbs.
The x component of the total force is the sum of the x components of the two forces.
Fx=150+450=600
Fy=259.81
The net force is obtained using the Pythagorean theorem, since the two force components are perpindicular.
F=Sqrt(Fx^2+Fy^2)=Sqrt(360000+67501.24)=Sqrt(427501)=653.84 lbs.