What's 1,112,433 run to the nearest ten thousand
2 answers:
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We have been given that Clare made $160 babysitting last summer. She put the money in a savings account that pays 3% interest per year. If Clare doesn't touch the money in her account, she can find the amount she'll have the next year by multiplying her current amount 1.03.
We are asked to write an expression for the amount of money Clare would have after 30 years if she never withdraws money from her account.
We will use exponential growth function to solve our given problem.
An exponential growth function is in form , where
y = Final value,
a = Initial value,
r = Growth rate in decimal form,
x = Time.
We can see that initial value is $160. Upon substituting our given values in above formula, we will get:
To find amount of money in Clare's account after 30 years, we need to substitute in our equation.
Therefore, the expression represents the amount of money that Clare would have after 30 years.
Hey there!
For this problem, I would assume that you must make your own chart of values. You can do this by simply plugging in numbers like 1, 2, 3, etc... Since your graph won't be linear, you might want to do some negative numbers, as well.
Also because your graph isn't linear, you might want to figure out or determine on your own just how far your curve will go. You can then figure out how many times you need to plug in an additional numbers for your function to then graph.
I've attached a digital graph of this function, perhaps you can find it useful.
Hope this helped you out! :-)
For this problem, I would assume that you must make your own chart of values. You can do this by simply plugging in numbers like 1, 2, 3, etc... Since your graph won't be linear, you might want to do some negative numbers, as well.
Also because your graph isn't linear, you might want to figure out or determine on your own just how far your curve will go. You can then figure out how many times you need to plug in an additional numbers for your function to then graph.
I've attached a digital graph of this function, perhaps you can find it useful.
Hope this helped you out! :-)