Answer:
Check pdf
Step-by-step explanation:
Answer:
I think is 15.39 kilometers
Step-by-step explanation:
1 hour=60 minutes +.5 hours =90 minutes = 9 x 1.71 = 15.39
Answer:
The approximate growth rate of the savings account is 2.5%
Step-by-step explanation:
Given the the function S(x) = 5, 000 * (1.025) ^ (0.7x)
From the function, we can see that part: (1.025). It presents for the growth factor or rate with the formula as:
(1 + r) where r is rate
So we have:
(1 + r) = 1.025
<=> r = 1.025 -1
<=> r = 0.025
In pecentage, we have the rare: 0.025 *100% = 2.5%
So the approximate growth rate of the savings account is 2.5%
<h3>Morgan invested for 17 years</h3>
<em><u>Solution:</u></em>
From given,
Principal = $ 50, 000
Total amount = $ 177, 500
Rate of interest = 15 %
Number of years = ?
Interest amount = Total amount - principal
Interest amount = 177, 500 - 50, 000
Interest amount = 127500
<em><u>Use the formula,</u></em>

Thus he invested for 17 years