First subtract 3 from 51 which gives you 48, then divide 48 by 3 which gives you the answer of 16.
Answer:
B.
Step-by-step explanation:
The function that models exponential growth is:
P(t) = P0*(1 + r)^t, where
P0 = P(0) is the initial value of P
r is the growth rate as a decimal
In our case we have:
P(0) = 2800
r = 0.035 or 3.5%
P(t) = 2800*(1 + 0.035)^t
P(t) = 2800*(1.035)^t
The same exponential function written using y and t is:
y = 2800*1.035^t.
Explanation: https://softmath.com/algebra-word-problems/to-begin-a-bacteria-study-a-petri-dish-had-2800-bacteria
You have invested 1200 dollars in your mutual fund and now gained 1333 dollars. First let's solve how much money added to your investment.
=> 1333 - 1200 = 133 dollars was added to your account
=> 133 / 1200 = 0.11
Next, lets convert this to decimal value.
=> 0.11 * 100% = 11% was added to you investment.
8 ÷ 544 = 0.0147058824, 544 ÷ 8 = 68
