Hey there!
First, set up an exponential equation that represents the rate at which your original amount, 1000, gains interest:
y = 1000(1.24)^x
Y represents the value after X years. 1.24 represents the rate at which the money gains interest, 1 + 0.24 (your 24% interest rate in decimal form). 1000 is your original amount.
Now, set this equation equal to 64000, graph y = 64000 and y = 1000(1.24)^x on a graphing calculator, and see where the two equations intersect in order to solve for x.
They intersect when x is about 19.334, as seen in the graph below (it is very zoomed in so that you can see where the two functions intersect). Therefore, it will be about 19 years after the year in which you deposited the 1000 dollars before the money is worth 64000 dollars.
I did the same thing and got 6 as well
5x+70=320 I think that might be it tell me if its wrong
Answer:
One block - 15
Two blocks - 30
Three blocks - 45
Four blocks - 60
Five blocks - 75
Equation: 25 + 5x = 100
Step-by-step explanation:
This is a pretty simple problem. The scale is balanced and from what we know, the 100 and 25 are on different sides. If we want the scale to be balanced, then we have to solve the equation:
25 + 5x = 100.
(We have the 5x because we have 5 blocks that are marked as x)
subtract 25 from both sides
25-25 + 5x = 100-25
5x = 75
the following step is to divide both sides by 5.
5x/5 = 75/5
x = 15
Now that the equation is solved, we know that ONE blocked marked as X equals 15-g.
(All five of them equal 75-g)
Answer:1 hour 6 minutes
Step-by-step explanation:
5 min from 5:55 til 6:00. Then one whole hour from 6:00 to 7:00. Then, add on that extra 1 min. 1 hour and 6 min.