Help me solve 3/4x=18-1/2x
1 answer:
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Answer:
Step-by-step explanation:
2081.25 ; 2312.50 ; 2543.75 ; ..... 7500
a= 2081.25
d = 231.25
2081.25 + (n-1) * 231.25 = 7500
(n -1) *231.25 = 7500 - 2081.25
231.25n - 231.25 = 5418.75
231.25n = 5418.75 + 231.25
231.25n = 5650
n = 5650/231.25 = 565000/23125
n = 904/37
n = 24 years 157 days
After 7 years fund balance will be $2152336.05 if the philanthropist pledges to donate 10% of a fund each year.
<h3>What is an exponential function?</h3>It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent.
where a is a constant and a>1
We have:
A philanthropist pledges to donate 10% of a fund each year.
We can find the amount left after 7 years as follows:
A = 450000(1 - 0.1)⁷
10% of a fund each year.
Rate r = 10% = 0.1
A = 450000(0.9)⁷
A = $2152336.05
Thus, after 7 years fund balance will be $2152336.05 if the philanthropist pledges to donate 10% of a fund each year.
Learn more about the exponential function here:
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