A limited-edition poster increases in value each year with an initial value of $18. After 1 year and an increase of 15% per year
2 answers:
Answer:
The required equation is .
Step-by-step explanation:
Consider the provided information.
The Initial value of poster = $ 18
After 1 year amount of increase = $ 20.70
With the rate of 15% = 0.15
Let future value is y and the number of years be x.
Now verify this by substituting x=1 in above equation.
Which is true.
Hence, the required equation is .
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Answer:
Stephen's neighbors paid Stephen no more that $28.
Step-by-step explanation:
Given:
Stephen spent $5 of his earnings on snack.
He spent $17 in a new book.
He is left with no more than $6 left.
To describe how much Stephen's neighbors paid him.
Solution:
Let Stephen's earnings in dollars be =
Amount left after spending on snacks in dollars =
Amount left after spending on a new book in dollars = =
The amount remaining is no more than $6.
Thus, the inequality representing the situation can be given as:
Solving for
Adding 22 both sides.
Thus, Stephen's neighbors paid Stephen no more that $28.