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nalin [4]
3 years ago
8

Mark’s new car is a lemon. It breaks down within 6 months of purchasing the car. Mark cannot afford the repairs so he charges $2

,000 in car repairs on the store account and plans on paying a minimum monthly fee of $50. The card carries a 25% Annual Percentage Rate (APR). How much are those car repairs really costing Brent and when will he pay off the amount owed?
Mathematics
1 answer:
Lunna [17]3 years ago
8 0
The worth of the repairs is actually <span>$3,686.25 and the amount will be paid off after 6.07 years. This is assuming that the APR is effective and compounded per year.
The $50 can be converted to a Future Value per year before the rest of the given can be used.</span>
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3 years ago
A biologist is studying the growth of a particular species of algae. She writes the fall inclusion to show the radius of the alg
horrorfan [7]

Answer:

Part A)

A reasonable domain to plot the growth function is:

0\leq d \leq 12

Part B)

The <em>y-</em>intercept represents that when the biologist started her study, the radius of the algae was five millimeters.

Part C)

The average rate of change from <em>d</em> = 4 to <em>d</em> = 11 was about 0.11. This means that from the 4th day to the 11th, the radius of the algae grew, on average, at a rate of 0.11 mm per day.

Step-by-step explanation:

The radius of the algae f(d) in millimeters after <em>d</em> days is given by the function:

f(d)=5(1.02)^d

Part A)

We know that the radius of the algae was approximately 6.34 mm when the biologist concluded her study. To find the reasonable domain, we can substitute 6.34 for f(d) and solve for <em>d</em>. Therefore:

6.34=5(1.02)^d

Divide both sides by five:

(1.02)^d=1.268

Take the log of both sides with base 1.02:

\displaystyle d=\log_{1.02}1.268

Using the Change of Base Property, evaluate for <em>d: </em>

<em />\displaystyle d=\frac{\log 1.268}{\log 1.02}=11.9903...\approx 12<em />

So, the biologist concluded her study after 12 days.

Therefore, a reasonable domain to plot the growth function is:

0\leq d\leq 12

Part 2)

The <em>y-</em>intercept of the function is when <em>d</em> = 0. Find the <em>y-</em>intercept:

f(0)=5(1.02)^{(0)}=5(1)=5

Since <em>d</em> represent the amount of days after the study had begun, the <em>y-</em>intercept represents the radius of the algae on the initial day.

So, when the biologist started her study, the radius of the algae was five millimeters.

Part 3)

To find the average rate of change for a nonlinear function, we find the slope between the two endpoints on the interval.

We want to find the average rate of change of f(d) from <em>d</em> = 4 to <em>d</em> = 11.

Find the endpoints:

f(4)=5.4121...\text{ and } f(11)=6.2168...

And find the slope between them:

\displaystyle m=\frac{f(11)-f(4)}{11-4}=0.1149...\approx 0.11

Since f(d) measures millimeters and <em>d</em> measures days, this tells us that, on average, the radius of the algae grew by about 0.11 mm per day from the 4th day to the 11th day.

5 0
3 years ago
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