We have been given that you invest $850 into a stock market fund, which grows at a rate of approximately 4% each year. We are asked to write an equation that can be used to calculate the amount of money in the fund after x years.
We will use exponential growth formula to solve our given problem.
An exponential function is in form
, where,
y = Final amount,
a = Initial amount,
r = Growth rate in decimal form,
x = Time.
Let us convert 4% into decimal.
.
We have
and
, so our equation would be:


Therefore, the equation
can be used to calculate the amount of money in the fund after x years.
Part 1 :
if the number of hours (h) is greater than 7.
Equation for the amount(A) in dollar is
Amount (A) = 210 + (h-7)x20
Part 2 :
if she earns 410,
with the same equation
410 = 210 + (h-7)x 20
200 =(h-7)x 20
10 = h-7
17 = h
therefore, number of hours tutored is 17.
F(-1)=81+3e-.7(-1)
enter into scientific/ graphing calculator
f(-1)=89.85
Answer:
The answer is the first one. Inside the absolute value symbols it is negative but absolute value answers are always positive. Instead of -30 the answer is 30.