The public debt of Apexico is 4,628,599,173,971,366 Apex dollars, while its
gross domestic product (GDP) is 15,274,449,110,385,172 Apex dollars. What
is Apexico's debt-to-GDP ratio?
Answer: 30%
Question
a) What is the decay factor?
b) What is the percent decrease?
c) Estimate the number of black and white TV's sold in 1999.
Answer:
a. Decay factor = 0.85
b. Percent decrease = 15%
c. 19.363 million TVs were sold
Step-by-step explanation:
Given

Solving (a): The decay factor
An exponential function has the form

Where b is:

By comparison:

Solving (b): Percentage decrease:
Percentage decrease P is calculated as follows:

Substitute 0.85 for b


Convert to percentage


Solving (c): TVs sold in 1999
First, we need to determine the value of t for 1999
In 1997, t= 0
In 1998, t= 1
In 1999, t= 2
So, we substitute 2 for t in: 



To solve this, we are going to use the compounded interest formula:

where

is the final amount after

years

is the initial investment

is the interest rate in decimal form

is the number of times the interest is compounded per year

is the time in years
We know from our problems that she needs $20,857 for a down payment on a house in 9 years, so

and

. To convert the interest rate to decimal form, we are going to divide the rate by 100%

Since the interest is compounded quarterly, it is compounded 4 times per year; therefore,

.
Lets replace the values in our formula to find

:





We can conclude that the correct answer is: <span>
B. 17,633.17</span>
He spilled 1 and 5/8 cups because 2-3/8= 1 5/8. To check that, use 1 5/8+ 3/8= 2 cups.
It would be 35 because 7x5 equals 35