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kow [346]
3 years ago
13

Max has $2000: $1000 decreased in value exponentially at a rate of 0.5% annually

Mathematics
1 answer:
Sergio039 [100]3 years ago
6 0

Answer:

  $2147.36

Step-by-step explanation:

The first value can be modeled by ...

  b1 = 1000·(1 -0.005)^t

After 10 years, that balance is ...

  b1 = 1000·0.995^10 = 951.11

__

The second value can be modeled by ...

  b2 = 1000·(1 +0.018/2)^(2t)

After 10 years, that balance is ...

  b2 = 1000·1.009^20 = 1196.25

__

The total of the two investments after 10 years is ...

  $951.11 +1196.25 = $2147.36

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on the perpendicular equation 3y=5x-1 the answer is y=-3/5x+9 .. I understand how to get the slope, I'm trying to figure out how
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There is an infinite number of lines perpendicular to any given line. You concluded correctly that the two lines in this problem are perpendicular based on the fact that their slopes are negative reciprocals. The second line, y = -3/5 x + 9, is only one line that is perpendicular to the first line. There is an infinite number of lines perpendicular to the first line. All the perpendicular lines have the slope -3/5 and different y-intercepts. The +9 here is just the y-intercept of this specific perpendicular line. Since there is an infinite number of y-intercepts, there is an infinite number of perpendiculars.
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