Answer:
Step-by-step explanation:
The fish population after t years can be modeled by the following equation:
In which F(0) is the initial population and r is the constant rate of decay.
Year one the fish population was 18000
This means that
In year three the fish population was 8000 fish.
Two years later, so
So
Answer:
P = $ 144.99
Step-by-step explanation:
Given data:
cost of home entertainment center is $2665
duration of deferred payment plan is 18 month
interest rate is 24.36%
Total amount to be paid is
A = 3695.88
From the information in the questioon this amount is to be paid in 3 year . Thus we have
Monthly payment is =
p = monthly payment
Pv = present value = 3695.88
r =rate per period
n = number of period
plugging all value in the above formula
P = $ 144.99