Answer:
The value will be $1,411.20
Step-by-step explanation:
What we do here is to set up an exponential equation to calculate the value.
Mathematically it will look like this;
V = I(1-r)^n
where V is the future value
I is the initial amount = 24,600
r is rate of decrease = 13.75% = 13.75/100 = 0.1375
n is the number of years = 15 years
substituting these values, we have
V = 24,600(1-0.1375)^15
V = 24600(0.8625)^15
V = 1,411.165582454129
= $1,411.20
Answer:
$6250
Step-by-step explanation:
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Answer:
Step-by-step explanation:
So we have the equation:
First, separate the second term:
Let u equal 5ˣ. So:
Combine like terms:
Divide both sides by 6:
Substitute back u:
Take the base 5 logarithm of both sides:
The left cancels:
Evaluate the right:
So, our answer is 2.
And we're done!
Answer:
f(5)=22
Step-by-step explanation:
since x=5 substitute 5 with x
f(5)=5(5)-3
multiply
f(5)=25-3
subtract
f(5)=22 :)
