Answer:
$6981
Step-by-step explanation:
Let's find the answer by using the following formula:
(this year cost)=(last year cost)+((last year cost)*(percent increase of cost)) so:
3750+3650=X+0.06X where X=last year cost, then:
7400=1.06X
6981.13=X
In conclusion, last year he spent $6981.
Answer:
To find critical points, take the first derivative and set it equal to zero:
f(x) = -2x^2 + 4x + 5
f'(x) = -4x + 4
-4x+4 = 0
-4x = -4
x = 1
Critical point at x = 1
Alternatively, if you mean zeros, or where the x intersects, you can use the quadratic equation.
The answer is -1 your welcome
Use the given values in the compound interest formula to solve for time, n.
A is the final amount of money, $2800
P is the initial or starting amount $1900
i is the interest rate as a decimal 0.025
n is time in years since it annual.
2800 = 1900(1 + 0.025)^n
2800 = 1900(1.025)^n
2800/1900 = (1.025)^n
28/19 = (1.025)^n
take the natural log of both sides to solve for exponent.
ln(28/19) = ln(1.025^n)
power rule of logarithmic moves exponent
ln(28/19) = n*ln(1.025)
ln(28/19) / ln(1.025) = n
put into a calculator
15.7 years = n
3/4 can be sliced from three pieces
