Answer:
20.4 years
Step-by-step explanation:
The nper formula in excel comes handy in this scenario:
=nper(rate,pmt,-pv,fv)
Rate is the monthly rate of 5.4%/12
Assuming actual investment is $5,000 which is pv
The triple amount would be $5,000*3=$15,000 which is future value fv.
pmt is the regular cash flow the investment which is zero
=nper(5.4%/12,0,-5000,15000)= 244.68 months
Yearly it can be expressed as = 244.68/12 =20.39 years
When rounded to one decimal place it becomes 20.4 years
Answer:
C.
Step-by-step explanation:
the given graph touches the Y-axis in the point (5;0), it means the only zero.
To the additional: the graph is y=(x-5)².
Answer:
The linear function that discribes the size of the population in function of the t in years is p = 700t - 1,397,300
Step-by-step explanation:
A linear function is defined by a line, so in order to determine the linear function we can use the two points that were given to us to create a line equation and use that as our linear function. The points given to us were (2009; 9000) and (2014; 12500), in this case the year is our value of "x" and the size of the population is our value of "y". The first step is to find the slope of the line which is given by:
m = (y2 - y1)/(x2 - x1)
m = (12500 -9000)/(2014 - 2009) = 3500/5 = 700
Then we can use the slope and the first point to build the equation:
p - 9000 = 700*(t - 2009)
p = 700t - 1406300 + 9000
p = 700t - 1397300
