1 over 4, 2 over 4, 3 over 4 and 4 over 4
Answer:
1. $686.94
2. $735.03
3. $10707.55
4. $17631.94
5. $19635.72
Step-by-step explanation:
1st Question:
The interest rate is 7% for each year. This means that each year the person has to pay 7% more than the previous amount. So we need to multiply the initial amount by (0.07+1=1.07) in order to get the interest for the first year. if we want to find the second year's interests then we will have to multiply 2 (1.07)'s and so on.
in this case our function is: 600*(1.07)^t=P(t)
when t=2 P(2)=600*(1.07)^2=$686.94
2nd Question:
Function: 600*(1.07)^t=P(t)
when t=3 P(3)=600*(1.07)^3=$735.03
3rd Question:
initial value=$8500
1+0.08=1.08
Function: 8500*(1.08)^t=P(t)
t=3
P(3)=8500*(1.08)^3=$10707.55
4th Question:
initial value=$12000
1+1.08=1.08
t=5
Function: P(t)=12000*(1.08)^t
P(5)=12000*(1.08)^5=$17631.94
5th Question:
Function: 14000*(1.07)^t=P(t)
P(5)=14000*(1.07)^5
P(5)=$19635.72
Answer:
Step-by-step explanation:
find place on x axis first, then find y. <3
Answer: she has $20 left now.
Step-by-step explanation:
The total amount of money that Kathryn had yesterday was 105 dollars.
She first spent 1/3 of it at the mall. This means that the amount of money that she spent at the mall is
1/3 × 105 = $35
The amount left after her shopping would be 105 - 35 = $70
Later, she went to the movies and spent 5/7 of what was left after her shopping. This means that the amount of money that she spent at the movies is
5/7 × 70 = $50
The amount that she has left now is
70 - 50 = $20
I think it's the communitive property
