Answer:
$23271.49
Step-by-step explanation:
The function
models the rise in the cost of a product that has a cost of C today, subject to an average yearly inflation rate of r for t years.
Now, if the average annual rate of inflation over the next 8 years is assumed to be 2.5% then we have to find the inflation-adjusted cost of a $19100 motorcycle after 8 years.
Therefore, the cost will be
dollars. (Answer)
Answer:
A = $10,441.68
A = P + I where
P (principal) = $10,400.00
I (interest) = $41.68
Step-by-step explanation:
First, convert R as a percent to r as a decimal
r = R/100
r = 0.02/100
r = 0.0002 rate per year,
Then solve the equation for A
A = P(1 + r/n)nt
A = 10,400.00(1 + 0.0002/2)(2)(20)
A = 10,400.00(1 + 0.0001)(40)
A = $10,441.68
Summary:
The total amount accrued, principal plus interest, with compound interest on a principal of $10,400.00 at a rate of 0.02% per year compounded 2 times per year over 20 years is $10,441.68.
The correct answer for the question that is being presented above is this one: "x = 2; a = 5; b = 3" A 5 inch tall bamboo shoot doubles in height every 3 days. If the equation y=ab^x, where x is the number of doubling periods, represents the height of the bamboo shoot
Answer:
The graph move up 5.
Step-by-step explanation:
When we add a constant to the end of a parabola, it shifts the graph up and down. Since the constant here is positive, the graph moves up by that number (5)