True.
Since
,
and the solutions are decreasing functions.
Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
Answer:
This is a right angle.
Step-by-step explanation:
As you can see below, the angle specified is 90 degrees. That is a right angle.
Answer: 30y + 15x
If x is for sneakers, and y is for high heels, plug 15 in for a and 30 in for b. This means that x is how many sneakers she buys, and y is how many high heels she buys. The equation altogether represents the total amount of her purchases.
