9514 1404 393
Answer:
y = 2200(1.08^t)
Step-by-step explanation:
The interest earned the first year is ...
(2376 -2200)/2200 = 0.08 = 8%
The balances the remaining years are consistent with that interest being compounded annually. An appropriate function is ...
y = 2200(1.08^t)
_____
The compound interest formula is ...
A = P(1 +r/n)^(nt) . . . . principal P earning rate r compounded n times per year for t years
I think the answer is 300 because 4 is less tvhan 5 and when you round numbers, if the number is less than you leave it or if it is 5 or more you add one more.
Answer:
$190.65 for 31 hours
Step-by-step explanation:
P= ha
123=20a
123/20=a
6.15=a
P=6.15h
P= 6.15(31)
p=190.65
Answer:
No.
Step-by-step explanation:
A function should never have a shape like this.
Answer:
The explicit function that represents Mark's salary is;
Step-by-step explanation:
The given parameters are;
The amount Mark will make at annually as an engineer = $65,000
The percentage annual pay increase guaranteed by the company = 2%
The explicit function that represents Mark's salary can be presented as follows;
Let Mark's present salary = y
Therefore we have;
y = $65,000× (1 + 0.02)ˣ = $65,000× (1.02)ˣ
Mark salary, y at a particular year, x is y = $65,000× (1.02)ˣ.
