Answer:
N = 920(1+0.03)^4t
Step-by-step explanation:
According to the given statement a car repair center services 920 cars in 2012. The number of cars serviced increases quarterly at a rate of 12% per year after 2012.
Rate is 12 % annually
rate in quarterly = 12/4= 3%
We will apply the compound interest equation:
N=P( 1+r/n)^nt
N= ending number of cars serviced.
P= the number of cars serviced in 2012,
r = interest rate
n = the number of compoundings per year
t= total number of years.
Number of compoundings for t years = n*t = 4t
Initial number of cars serviced=920
The quarterly rate of growth = n=4
r = 3%
The growth rate = 1.03
Compound period multiplied by number of years = 920(1.03)^4t
Thus N = 920(1+0.03)^4t
N = number of cars serviced after t years...
Answer:2
Step-by-step explanation:
Answer:
<em>z </em>= 9
Step-by-step explanation:
ln 63 = ln z + ln 7
We have the formula:
ln A + ln B = ln AB
So, ln 63 = ln 7<em>z</em>
7<em>z </em>= 63
Divide both sides by 7.

<em>z</em> = 9
Answer :
Brian has $49 left.
Step by step explanation :
Step 1 : Find how much money Brian spends on rent and food.
First question we should be asking is what is 3/5 of 735?
Let's find that.
* 
= 
= 
= 441
We know Brian spends $441 on rent. Now we find how much he spends on food.
= 
= 
= 245
Brian spends $245 on food.
Step 2 : Add what he spends on rent and food together.
$441 + $245 = $686
Step 3 : To find out how much money Brian has left, we subtract $686 from $735.
$735 - $686 = $49
Conclusion : Brian has $49 left.
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