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Digiron [165]
3 years ago
8

The population of Mastertown was 23,000 in 2012. Assume that Mastertown's population increases at a rate of 2% per year. Write a

n equation to model the population of Master town(y) based on number of years since 2012 (x)
Mathematics
1 answer:
Lady_Fox [76]3 years ago
4 0
23,000+.02x=y. You have to add 2% or .02 times the number of years(x) to 23,000 to get the populatin(y) from 2012
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3 years ago
How long would it take for money to double at 11% interest compounded quarterly?
vlada-n [284]

Answer: Approximately 6.3876 years

When rounding to the nearest whole number, this rounds up to 7 years.

===============================================================

Work Shown:

We'll use the compound interest formula

A = P*(1+r/n)^(n*t)

where,

  • A = amount of money after t years
  • P = initial deposit amount or principal
  • r = interest rate in decimal form
  • n = compounding frequency
  • t = number of years

In this case, we know that,

  • A = 2P, since we want the initial amount to double. P can be any positive real number you want and it doesn't affect the answer.
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  • t = unknown, what we want to solve for

So,

A = P*(1+r/n)^(n*t)

2P = P*(1+r/n)^(n*t)

2 = (1+r/n)^(n*t)

2 = (1+0.11/4)^(4*t)

2 = 1.0275^(4t)

Ln(2) = Ln(1.0275^(4t))

Ln(2) = 4t*Ln(1.0275)

4t*Ln(1.0275) = Ln(2)

t = Ln(2)/(4*Ln(1.0275))

t = 6.38758965414661

It takes roughly 6.3876 years for the deposit to double. If you need this to the nearest whole number, then round up to 7. We don't round to 6 because then we would come up short of the goal of doubling the deposit.

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Alright here we go...

<u>(-18) + (-15) - 23</u>

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so I don't know how you want me to compare it but,

(-18) + (-15) - 23 < 15-18+23

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3 years ago
Can anyone help me with some Algebra? :)
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Try www.tigeralgebra.com it helps me all the time
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