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Marat540 [252]
3 years ago
14

Jessica opened a bank account that earns 2 percent interest compounded annually. Her initial deposit was $100, and she uses the

expression $100(x)^t to find the value for the account after t years.
what is the value of x in the expression?
Mathematics
1 answer:
klasskru [66]3 years ago
5 0

Answer:

x = 1.02.

Step-by-step explanation:

The x is a factor worked out from  the annual interest  written as a decimal fraction.

So we have  2% = 2/100 = 0.02.

The amount at the end of the first year is $100 + 0.02*100

= $100* 1.02,  and in  the second year it will be $100* 1.02^t  where t = 2 and so on.

So we see that x in the given expression is 1.02.

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Answer:

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Step-by-step explanation:

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3 years ago
A survey found that one out of five Americans says he or she has visited a doctor in any given month. If 10 people are selected
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3 years ago
Please help me. I do not understand this question.
dlinn [17]

Answer:

The true statement is h < k ⇒ (3)

Step-by-step explanation:

∵ The equation of the graph is y = \sqrt{x+h} + k

∵ (-h, k) are the coordinates of its vertex point

∵ -h is the x-coordinate of the vertex point

∵ x-coordinate of the vertex point is -3

∴ -h = -3

→ Divide both sides by -1

∴ h = 3

∵ k is the y-coordinate of the vertex point

∵ y-coordinate of the vertex point is 4

∴ k = 4

∵ 3 < 4

→ That means h is smaller than k

∴ h < k

∴ The true statement is h < k

6 0
3 years ago
There are two parking garages in beacon falls . Garage a charges $7.00 to park for the first 2 hours ,and each additional hour c
Julli [10]

Answer

Find out the number of hours when the cost of parking at both garages will be the same.

To prove

As given

There are two parking garages in beacon falls .

As given

Let us assume that the y is representing the  cost of parking at both garages will be the same.

The total number of hours is represented by the x.

First case

Garage a charges $7.00 to park for the first 2 hours ,and each additional hour costs $3.00 .

As  garage charges $7.00 for the first 2 hours so the remaning hours are (x -2)

Than the equation becomes

y = 3.00 (x -2) + 7.00

written in the simple form

y = 3x - 6 +7

y = 3x + 1

Second case

Garage b charges $3.25 per hour to park.

than the equation becomes

y = 3.25x

Compare both the equations

3x +1 = 3.25x

3.25x -3x = 1

.25x = 1

x = \frac{1}{.25}

x = 4hours

Therefore in the 4 hours  the cost of parking at both garages will be the same.



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3 years ago
A certain forest covers an area of 2,000 square kilometers. Suppose that each year this area decreases by 6%. What is the functi
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<span>2000 (0.94),x 952 square kil</span>
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