Help Help Help ! Math wiz
1 answer:
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Answer:
Where Y(t) represent the average annual per capita health care costs
475 represent the initial amount for the average annual per capita health care costs
t represent the number of years since 1970
And 1.076 represent the growth factor given by:
And solving for r we got:
So for this case we can say that the value 1.076 represent the growth factor.
Step-by-step explanation:
For this case we have the following model given:
Where Y(t) represent the average annual per capita health care costs
475 represent the initial amount for the average annual per capita health care costs
t represent the number of years since 1970
And 1.076 represent the growth factor given by:
And solving for r we got:
So for this case we can say that the value 1.076 represent the growth factor.
Answer:
169.56 m³
Step-by-step explanation:
» <u>Concepts</u>
The volume of a cylinder is how much space there is inside the cylinder. The formula to find the volume is πr²h, where r = radius and h = height. Once you get the volume, you have to add <unit>³.
» <u>Application</u>
We are given the radius as three meters and the height as six meters; we also have to use π as 3.14. Now, we just have to plug in these values into the aforementioned formula.
» <u>Solution</u>
- <u></u>
Answer:
The compounded annually account will earn more interest over 10 years
Step-by-step explanation:
The rule of the simple interest is I = Prt, where
- P is the original value
- r is the rate in decimal
- t is the time
The rule of the compounded interest is A = P, where
- A is the new value
- P is the original value
- r is the rate in decimal
- n is the number of periods
- t is the time
The interest I = A - P
∵ Each account start with $200
∴ P = 200
∵ They have an interest rate of 5%
∴ r = 5% = 5 ÷ 100 = 0.05
∵ One account earns simple interest and the other is compounded
annually
∴ n = 1 ⇒ compounded annually
∵ The time is 10 years
∴ t = 10
→ Substitute these values in the two rules above
∵ I = 200(0.05)(10)
∴ I = 100
∴ The simple interest = $100
∵ I = A - P
∵ A = 200
∴ A = 325.7789254
∵ I = 325.7789254 - 200
∴ I = 125.7789254
∴ The compounded interest = $125.7789254
∵ The simple interest is $100
∵ The compounded interest is $125.7789254
∵ $125.7789254 > $100
∴ The compounded annually account will earn more interest
over 10 years