So, to set up your equation is the hardest part. If you remember the basic format, you're set.
I(t) = P * (1+r%)^t
t= time and this will be our variable
Initial amount P = $2740
Rate = 4.3% which converts numerically into .043
I(t) = 7000
Before we get to find out how to find how many years it takes to get to $7000, set up the basic equation by plugging in what we know.
I(t) = $2740(1+4.3%)^t
I(t)=2740(1.043)^t
Now plug in for $7000 for I(t)
7000=2740(1.043)^t Divide both sides by 2740
7000/2740 = 2740/2740(1.043)^t
2.55474453=(1.043)^t
Now you can solve for t in two ways. You can either use the natural log or graph it on your graphing calculate and see when the two equations meet.
In your calculator you can set up:
ln(2.55474453)/ln(1.043) = t which is the method I prefer since it's much simpler
t=22.278528
but you can also graph it in your ti-84
with
y1=2.55474453
y2=(1.043)^x
and find where they intersect on the graph.
either way it'll be the same answer
Answer:
Step-by-step explanation:
(jk^-2/j^-1k^-3)^3
(-2)(-1)^-2
------------- ^3
(-2)^-1(-1)^-3
switch negative exponenst to other side
(-2)(-2)(-1)^3
__________
(-1)^2
4(-1)
-----
1
= -4
REMEMBER all to the 3rd power!
(-4)^3
-64
Lines y=-x+2 and y=3x+1 intersect the y=axis. If you plot them out on a graph using the equation y=mx+b, then they are parallel and are set on the y-axis.
Y=2(-1)^2-6(-1)+3
y=2+6+3
y=8+3
y=11
Answer:
You can buy 8.18 gallons of milk.
Step-by-step explanation:
12.79/4.89 = 2.62
21.44/2.62 = 8.18
