Answer:
5.9 years
Step-by-step explanation:
We believe a better representation of the compound interest formula is ...

We want to find the value of t for P=1 and V(t)=2. We are told n=4, so the formula becomes ...

Horizontal shift of 1 unit to the left and a vertical shift downward of 2 units.
<h3>Transformation of function</h3>
Transformation technique is a way of changing the position of an object on an xy-plane.
Given the parent function of a modulus function f(x) = |x|, the graph of the function g(x) = |x| - 2 shows a vertical translation of the parent function down by 2 units.
The resulting graph of the translated function is as shown below
Learn more on translation here: brainly.com/question/1046778
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10.) The realized income each week is $79.87.
Add both payments and tips then deduct the tax deductions (multiply the rates to the gross income per week).
Gross income per week: (4.70 + 3.85) x 13hrs = 111.15
Tax deductibles: 8.50 (FICA) + 13.67 (federal tax) + 9.11 (state tax) = (31.28)
Realized income per week: 111.15 - 31.28 = 79.87
11.) The value of the stocks in its second year is $1,340.75.
Multiply the investment by the percentage increase, then add the result to the investment. You can also use this formula = investment x (1 + %)
First year: 1,050 x (1 + 0.13) = 1,186.50
Second year: 1,186.50 x (1 + 0.13) = 1,340.75
12.) a. The total value of your stocks after 2 years is $2,046. Use <em>investment x (1 - %)</em> in computing the decreases while <em>investment x (1 + %)</em> in computing the gains.
First year: 2,000 x (1 - 0.07) = 1,860
Second year: 1,860 x (1 + 0.10) = 2,046
b. The balance in your savings account after 2 years is $2,150.74. Use this formula = investment x (1 + rate)^number of years
Balance = 2,000 x (1 + 0.037)^2 = 2,150.74
13.) Your question is incomplete.
Answer:
Step-by-step explanation:
-2.67