The amount of interest that will be paid in the first 5 years is $120.00
Right answer number 3, think this gonna help u
Answer:
2 hours: 3968 <u>[I don't understand the $ sign in the answer box]</u>
At midnight: 12137
Step-by-step explanation:
The bacteria are increasing by 15% every hour. So for every hour we will have what we started with, plus 15% more.
The "15% more" can be represented mathematically with (1 + 0.15) or 1.15. Let's call this the "growth factor" and assign it the variable b. b is (1 + percent increase).
Since this per hour, in 1 hour we'll have (3000)*(1.15) = 3450
At the end of the second hour we're increased by 15% again:
(3450)*(1.15) = 3968.
Each additional hour add another (1.15) factor, If we assign a to be the starting population, this can be represented by:
P = a(1.15)^t for this sample that increase 15% per hour. t is time, in hours.
If a represents the growth factor, and P is the total population, the general expression is
P = ab^t
Using this for a = 3000 and b = 1.15, we can find the total population at midnight after starting at 2PM. That is a 10 hour period, so t = 10
P = (3000)*(1.15)^10
P = 12137
Answer:
6.0 miles
Step-by-step explanation:
The sequence of distances is a geometric sequence with first term a1 and common ratio (1 +10%) = 1.10. The sum of 7 terms of the sequence is ...
S7 = a1·(r^7 -1)/(r -1)
56.923 = a1·(1.1^7 -1)/(1.1 -1)
5.6923 = a1·0.9487171
Dividing by the coefficient of a1 gives its value:
5.6923/0.9487171 ≈ 5.999997 ≈ 6.000
The hiker traveled 6.0 miles on the first day.
Answer:
The amount that we should deposit in each bank is around $942.
Step-by-step explanation:
Case 1:
A=$1000
n = 12
t = 2
r = 3% or 0.03
p = ?
The compound interest formula is :

Substituting values in the formula;

=> 
=> 

p = $941.84
Case 2:
A=$1000
n = 365
t = 2
r = 3% or 0.03
p = ?

=> 
=>

p = $941.76
The amount that we should deposit in each bank is around $942.