The correct formula for this is as follows:
where n is the number of compounding periods per year, and r is the annual interest rate as a decimal,
Plugging the given values into the formula, we get:
This equation can be simplified to:
Taking logs of both sides gives:
which can be rearranged to get:
So it will take about 5.864 years for the amount to reach $4550.
Answer:
The hotel charge in city one before tax is $3750 and the hotel charge in city two before tax is $2250.
tep-by-step explanation:
Let a = the charge in 1st city before taxes
Let b= the charge in 2nd city before taxes
Based on the information given . We can have the following equation (1).
y = x - 1500 ......(1).
Interms of the information given , the following is formulated based on taxed paid .
0.065x + 0.06y = 378.75 .....(2).
Now we substitute equation (1) into (2).
0.065x + 0.06(x - 1500) = 378.75
0.065x + 0.06x - 90 = 378.75
0.125x - 90 = 378.75
0.125x = 468.75
Therefor x=3750
Now x value into equation (1)
y = 3750 - 1500
y = 2250
The hotel charge in city one before tax is $3750 and the hotel charge in city two before tax is $2250.
Answer:
Take a look at explanation below;
Step-by-step explanation:
See attachment( s ) below;
Answer:
f(x) is a one to one function.That maps out one function to another ,and it therefore passes both the vertical and horizontal I ine test
There are several different answers that are possible for the number in each row and column.
- 2 x 18
- 3 x 12
- 4 x 9
- 6 x 6
- 9 x 4
- 12 x 3
- 18 x 2
Here is a 6 x 6 array where X represents a cup of lemonade:
