Compare m/ABC and m/CBD. NO LINKS PLEASE.

John, Sally, and Natalie would all like to save some money. John decides that it would be best to save money in a jar in his clo

Radda [10]

Answer:

Part 1) John’s situation is modeled by a linear equation (see the explanation)

Part 2) $y=100x+300$

Part 3) $\$12,300$

Part 4) Is a exponential growth function

Part 5) $A=6,000(1.07)^{t}$

Part 6) $\$11,802.91$

Part 7) Is a exponential growth function

Part 8) $A=5,000(e)^{0.10t}$ or $A=5,000(1.1052)^{t}$

Part 9) $\$13,591.41$

Part 10) Natalie has the most money after 10 years

Step-by-step explanation:

Part 1) What type of equation models John’s situation?

Let

y ----> the total money saved in a jar

x ---> the time in months

The linear equation in slope intercept form

$y=mx+b$

The slope is equal to

$m=\$100\ per\ month$

The y-intercept or initial value is

$b=\$300$

so

$y=100x+300$

therefore

John’s situation is modeled by a linear equation

Part 2) Write the model equation for John’s situation

$y=100x+300$

see part 1)

Part 3) How much money will John have after 10 years?

Remember that

1 year is equal to 12 months

so

10 years=10(12)=120 months

For x=120 months

substitute in the linear equation

$y=100(120)+300=\$12,300$

Part 4) What type of exponential model is Sally’s situation?

we know that

The compound interest formula is equal to

$A=P(1+\frac{r}{n})^{nt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

n is the number of times interest is compounded per year

in this problem we have

$P=\$6,000\\ r=7\%=0.07\\n=1$

substitute in the formula above

$A=6,000(1+\frac{0.07}{1})^{1*t}$

$A=6,000(1.07)^{t}$

therefore

Is a exponential growth function

Part 5) Write the model equation for Sally’s situation

$A=6,000(1.07)^{t}$

see the Part 4)

Part 6) How much money will Sally have after 10 years?

For t=10 years

substitute the value of t in the exponential growth function

$A=6,000(1.07)^{10}=\$11,802.91$

Part 7) What type of exponential model is Natalie’s situation?

we know that

The formula to calculate continuously compounded interest is equal to

$A=P(e)^{rt}$

where

A is the Final Investment Value

P is the Principal amount of money to be invested

r is the rate of interest in decimal

t is Number of Time Periods

e is the mathematical constant number

we have

$P=\$5,000\\r=10\%=0.10$

substitute in the formula above

$A=5,000(e)^{0.10t}$

Applying property of exponents

$A=5,000(1.1052)^{t}$

therefore

Is a exponential growth function

Part 8) Write the model equation for Natalie’s situation

$A=5,000(e)^{0.10t}$ or $A=5,000(1.1052)^{t}$

see Part 7)

Part 9) How much money will Natalie have after 10 years?

For t=10 years

substitute

$A=5,000(e)^{0.10*10}=\$13,591.41$

Part 10) Who will have the most money after 10 years?

Compare the final investment after 10 years of John, Sally, and Natalie

Natalie has the most money after 10 years

4 0

4 years ago

Read 2 more answers

What would this answer be??

Nikitich [7]

Answer:

A

Step-by-step explanation:

if the rule is (-x,y) then that just means the x changes

(3,-2) changes to (-3,-2)

4 0

3 years ago

A tour operator has a bus that can accommodate 20 tourists. The operator knows that tourists may not show up, so he sells 21 tic

dalvyx [7]

Answer:

The expected revenue of the tour operator is 985.

Step-by-step explanation:

There are two outcomes:

Either less than 21 tourists show up and the operator does not have to pay anything. Or 21 tourists show up and the operator has to repay 100.

Anyways, initially he gets the price of all the tickets sold. That is 21 each at 50, so $R = 21*50 = 1050$ .

Then, we need to find the probability that all of the 21 tourists show up. In this case, we have to subtract 100 from the revenue.

Each tourist has a 0.02 probability of not showing up. This means that each has a 1-0.02 = 0.98 probability of showing up. So the probability P that all 21 tourists show up is $P = (0.98)^{21} = 0.6542$ .

So, the expected revenue of the tour operator is

$R = 1050 - 100P = 1050 - 100(0.6542) = 984.58$

Rounded up, the expected revenue of the tour operator is 985.

6 0

3 years ago

Emery's blueberry farm can produce 522 bushels of blueberries in 2 days. At this rate, how many bushels of blueberries can Emery

klio [65]

Answer:

2349 blueberries

Step-by-step explanation:

522 X 4 1/2 days = 2349 bushels

:))

4 0

2 years ago

Read 2 more answers

12^4 + 1^4 equals what

belka [17]

Answer:

20737

Step-by-step explanation:

12^4=12*12*12*12= 20736

1^4= 1*1*1*1=1

20736+1=20737

6 0

3 years ago

Compare m/ABC and m/CBD. NO LINKS PLEASE.​

Compare m/ABC and m/CBD. NO LINKS PLEASE.