Answer:
12/5
Step-by-step explanation:
All you do is multiply
Answer:
228
Step-by-step explanation:
We are adding 3 each time so general rule is
Tn= 3n + 3
Therefore
T= 3(75)+3
= 228
Answer:
1. .31
2. .68
3. .08
4. true???
5. 2.83
6. .75
7. true again??
8. .09
9. 4.55
10 .10
11. 9.33
12. .92
13. 14.16
Step-by-step explanation:
i didnt really understand 4 and 7 sooo true?
It's the decimals but you did a reciprocal
The point is to find the growth rate. The compound formula is:
P=A(1+ growth rate)ⁿ, where A is the initial Value & P the new value after n years:
P₂₀₀₃ =P₂₀₀₂ (1+ growth rate)¹ (the period "n" from 2002 to 2003 being 1 year)
38400 = 32000(1+growth rate)¹
38400 / 32000 - 1= growth rate & growth rate = 1/5 = 0.2
You will balso find the same growth rate for:
P₂₀₀₄ = P₂₀₀₃(1+ growth rate)¹
P₂₀₀₅ = P₂₀₀₄((1+ growth rate)¹
between 2015 & 2002 THERE ARE 14 YEARS:
P₂₀₁₅ = P₂₀₀₂(1+0.2)¹⁴ & P₂₀₁₅ = 32000(1+02)¹⁴ = 410,854
