Tell whether the ordered pair is a solution of y= -3x+9 (2,3)
2 answers:
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Answer:
16%
Step-by-step explanation:
To solve this we are using the standard growth equation:
Were
is the final value after
years
is the initial value
is the growth factor (yearly rate of appreciation in our case) in decimal form
is the time in years
We know from our problem that gold coin appreciated in value from $200.00 to $475.00 in 6 years, so ,
, and
.
Let's replace the values in our equation and solve for :
which rounds to
Since our appreciation rate is in decimal form, we need to multiply it by 100% to express it as percentage:
0.16*100% = 16%
We can conclude that the yearly appreciation rate of our gold coin is approximately 16%
Answer:
Step-by-step explanation:
1. The problem asked for the product of and
, therefore, you must mutliply them, as you can see below:
2. According the exponents propertiess, when you have a multiplication of two powers that has the equal base, you must add the exponents. THerefore, you have the following result: