Answer:
Step-by-step explanation:
We want to write an exponential function that goes through the points (0, 20) and (6, 1280).
The standard exponential function is given by:
The point (0, 20) tells us that <em>y</em> = 20 when <em>x</em> = 0. Hence:
Simplify:
So, our exponential function is now:
Next, the point (6, 1280) tells us that <em>y</em> = 1280 when <em>x</em> = 6. Thus:
Solve for <em>b</em>. Divide both sides by 20:
Therefore:
![b=\sqrt[6]{64}=2](https://tex.z-dn.net/?f=b%3D%5Csqrt%5B6%5D%7B64%7D%3D2)
Hence, our function is:
The answer to it is
180, 000 <n> 190, 000
180,000 + 2000 = n = 5000-187, 000
182,000 = n = 182, 000
Or,
180, 000 <n> 190,000
n + 5000= 187, 000 n – 2000 = 180, 000
n= 187, 000- 5000 n = 180, 000 + 2000
n= 182, 000 n= 182, 000
Answer:
The best option for him would be a real interest rate of 5%.
Step-by-step explanation:
The nominal interest rate is the one that represents the percentage of increase of the money that is in a certain investment, without discounting the depreciation due to inflation or the payment of taxes.
On the other hand, the real interest rate is the one that represents the real increase in the money invested, after discounting inflation and any taxes to be paid.
Therefore, the best option for Oscar would be to invest his $ 4,000 in a savings account with a real interest rate of 5% per year.
There are 24 half miles in 12 miles.
