A) 390/.3= 1300 , 1300-390= 910, 910/1300= .70 OR 1.00-.3= .7
b) 390/.3= 1300$
c)390/.3= 1300 , 1300-390= 910$
I'm guessing you mean f(x)=15,000(9/8)^x. If this is what you mean, the population would increase by about 12,000 (12030.4870605 to be exact).
Step-by-step explanation:
Starting equation: f(x)=15,000(9/8)^x
You can clean up the 9/8 to be 1.125
Now what you want to do is find the answer to (9/8)^5 which is 1.8020324707
Next multiply 1.8020324707 by 15,000 and you get 27030.4870605
Finally 27,030.4870605 - 15,000 gives you 12030.4870605. Which means that the population increased by about 12,000.
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First you would have to isolate y.
3x - 3y = 18 -----> Subtract 3x from both sides
-3y = -3x + 18 --------> Now divide both sides by -3
y= x - 6
Now you replace the y with an f(x)
f(x) = x - 6
Answer:
2/3
Step-by-step explanation:
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Step-by-step explanation:
Giving the following information:
Joshua:
Initial investment (PV)= $750
Interest rate (i)= 0.0341/4= 0.008525
Number of periods (n)= 18*4= 72 quarters
Josiah:
Initial investment (PV)= $750
Interest rate (i)= 0.0285
Number of periods (n)= 18 years
To calculate the future value of each one, we need to use the following formula:
FV= PV*(1 + i)^n
Joshua:
FV= 750*(1.008525^72)
FV= $1,381.98
Josiah:
FV= 750*(1.0285^18)
FV= $1,169.74
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
