12*13*14*15*16 = 524160
Idk how to get this answer actually. It's just my first guess, and it happened to be right.
The answer is the distributive property because it states that if you have a number multiplied by a quantity, you can just multiply that number by each of the terms in the quantity. For example, a(x+y)=ax+ay.
Hope this helps!
<h3>
Answer: p = 0.12*(1.02)^t</h3>
Explanation:
The general exponential growth equation is
p = A*B^t
where t is the number of years that have gone by after 2008, A is the starting amount, B is the growth multiplier, and p is the price t years after 2008
We know that A = 0.12 is the starting price
The value of B is B = 1.02 which is in the form 1+r since 1.02 = 1 + 0.02 = 1+r
The r value is r = 0.02 and it is positive to represent growth. Keep in mind that 2% = 2/100 = 0.02
So we go from
p = A*B^t
to
p = 0.12*(1.02)^t
May makes $23.25, Inez makes $2325, and Carolyn makes $232.50