Which expression could be used to model the total cost for producing ballon banquets

John, sally, Natalie would all like to save some money. John decides that it would be best to save money in a jar in his closet

stiv31 [10]

Answer:

Part 1) John’s situation is modeled by a linear equation (see the explanation)

Part 2) $y=100x+300$

Part 3) $\$12,300$

Part 4) $\$2,700$

Part 5) Is a exponential growth function

Part 6) $A=6,000(1.07)^{t}$

Part 7) $\$11,802.91$

Part 8) $\$6,869.40$

Part 9) Is a exponential growth function

Part 10) $A=5,000(e)^{0.10t}$ or $A=5,000(1.1052)^{t}$

Part 11) $\$13,591.41$

Part 12) $\$6,107.01$

Part 13) Natalie has the most money after 10 years

Part 14) Sally has the most money after 2 years

Step-by-step explanation:

Part 1) What type of equation models John’s situation?

Let

y ----> the total money saved in a jar

x ---> the time in months

The linear equation in slope intercept form

$y=mx+b$

The slope is equal to

$m=\$100\ per\ month$

The y-intercept or initial value is

$b=\$300$

so

$y=100x+300$

therefore

John’s situation is modeled by a linear equation

Part 2) Write the model equation for John’s situation

see part 1)

$y=100x+300$

Part 3) How much money will John have after 10 years?

Remember that

1 year is equal to 12 months

so

$10\ years=10(12)=120 months$

For x=120 months

substitute in the linear equation

$y=100(120)+300=\$12,300$

Part 4) How much money will John have after 2 years?

Remember that

1 year is equal to 12 months

so

$2\ years=2(12)=24\ months$

For x=24 months

substitute in the linear equation

$y=100(24)+300=\$2,700$

Part 5) What type of exponential model is Sally’s situation?

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

in this problem we have

$P=\$6,000\\ r=7\%=0.07\\n=1$

substitute in the formula above

$A=6,000(1+\frac{0.07}{1})^{1*t}\\ A=6,000(1.07)^{t}$

therefore

Is a exponential growth function

Part 6) Write the model equation for Sally’s situation

$A=6,000(1.07)^{t}$

see the Part 5)

Part 7) How much money will Sally have after 10 years?

For t=10 years

substitute the value of t in the exponential growth function

$A=6,000(1.07)^{10}=\$11,802.91$

Part 8) How much money will Sally have after 2 years?

For t=2 years

substitute the value of t in the exponential growth function

$A=6,000(1.07)^{2}=\$6,869.40$

Part 9) What type of exponential model is Natalie’s situation?

we know that

The formula to calculate continuously compounded interest is equal to

$A=P(e)^{rt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

e is the mathematical constant number

we have

$P=\$5,000\\r=10\%=0.10$

substitute in the formula above

$A=5,000(e)^{0.10t}$

Applying property of exponents

$A=5,000(1.1052)^{t}$

therefore

Is a exponential growth function

Part 10) Write the model equation for Natalie’s situation

$A=5,000(e)^{0.10t}$ or $A=5,000(1.1052)^{t}$

see Part 9)

Part 11) How much money will Natalie have after 10 years?

For t=10 years

substitute

$A=5,000(e)^{0.10*10}=\$13,591.41$

Part 12) How much money will Natalie have after 2 years?

For t=2 years

substitute

$A=5,000(e)^{0.10*2}=\$6,107.01$

Part 13) Who will have the most money after 10 years?

Compare the final investment after 10 years of John, Sally, and Natalie

Natalie has the most money after 10 years

Part 14) Who will have the most money after 2 years?

Compare the final investment after 2 years of John, Sally, and Natalie

Sally has the most money after 2 years

3 0

3 years ago

Read 2 more answers

Luis wanted to buy a skateboard that usually sells for $79.99. All merchandise is discounted by 12%. What is the total cost of t

Oliga [24]

<span>79.99/6.75%=5.399325 if you want the exact but 5.40 if you want rounded</span>

8 0

3 years ago

Can anyone help me with this?

Vika [28.1K]

Answer:

x = 51

Step-by-step explanation:

The figure shown is a pentagon

The angles in a pentagon add up to equal 540

Which means that 77 + 107 + 156 + 149 + x = 540

^ ( note that we just created an equation that we can

use to solve for x )

We then solve for x using that equation

77 + 107 + 156 + 149 + x = 540

step 1 combine like terms

77 + 107 + 156 + 149 = 489

we now have 489 + x = 540

step 2 subtract 489 from each side

489 - 489 cancels out

540 - 489 = 51

we're left with x = 51

3 0

3 years ago

Selene's checking account balance was -$34, and then she withdrew $46 more. What is her checking account balance after the withd

raketka [301]

D. -80
subtract 46 by -34

8 0

3 years ago

Read 2 more answers

Find the length of AB if AC=18 and BC=7

kotegsom [21]

Answer:

25

Step-by-step explanation:

Step 1:

AC + BC = AB Equation

Step 2:

18 + 7 = AB Substitute

Answer:

25 Add

Hope This Helps :)

3 0

3 years ago