This is an exponential decay problem.
Using the equation Y = a *(1-rate)^time
where Y is the future value given as 12,000 and a is the starting value given as 13,000.
The rate is also given as 5%.
The equation becomes:
12,000 = 13,000(1-0.05)^x
12,000 = 13,000(0.95)^x
Divide each side by 13000:
12000/13000 = 0.95^x/13000
12/13 = 0.95^x
Use the natural log function:
x = ln(12/13) / ln(0.95)
x = 1.56 years. ( this will equal 12,000
Round to 2 years it will be less than 12000.
Answer:
y = x + 2
Step-by-step explanation:
Slope-intercept form is y = mx + b where m is the slope and b is the y-intercept. Here, b is equal to 2 because the line crosses the y-axis at 2. THe slope is rise over run, or the change in y divided by the change in x. From the two points given, we get 3/3 which is equal to 1. 1x equals x, so this gives us "no slope." Putting it together gives us y = x + 2.
Have a nice day!
I hope this is what you are looking for, but if not - comment! I will edit and update my answer accordingly. (ノ^∇^)
- Heather
Answer:
100.32
Step-by-step explanation:
First, we have to find 14% of 88
14% of 88 is = 88 x 14/100
= 12.32
Now we have to increase the number 88 by 14%, which means we have to add 14% of 88 (12.32) to the given number (88)
88 + (14% of 88)
= 88 + 12.32
=100.32 pounds
Answer:
Commutative property of multiplcation.
Step-by-step explanation:
An identifier for the property of multiplcation is by multiplying it by 1. Therefore the answer remains the same.
Answer:
Goodluck I had this before and couldn't get it
