Answer: 45.43%
Step-by-step explanation:
Answer:
14,500*0.8= 11,600
14,500-11,600= 2,900 it decreased in the first year
Step-by-step explanation:
Answer:
(1) a+1/a=8a+2/8a+1
(2) a²-1/a²=(a+1)(a-1))a²
(8a+2)(8a)/(8a+1)²
Answer: In 7 years, Ms Acosta will earn $37,734.7
Step-by-step explanation:
From the information given, we find the increase using exponential growth formula
A= P(1+r)^t
Where p= the starting amount on the contract, given as $34000
r = rate, given at 1.5% = 1.5/100 = 0.015
t = time, given as 7years
Plug the values into the formula:
A = 34000(1 + 0.015) ^7
= 34000 (1.015)^7
34000 x 1.1098
A= $37,734.7
In 7 years, Ms Acosta will earn $37,734.7.
