The formula for simple interest is <em>I</em> = <em>prt</em>, where <em>I</em> is the amount of interest, <em>p</em> is the principal borrowed, <em>r</em> is the interest rate written as a decimal number, and <em>t</em> is the amount of time in years. First we find the amount of interest. He borrowed $35000 but paid back $46375. That means he paid 46375-35000 = $11375 in interest. We can now substitute our information into our interest formula:
11375=35000(<em>r</em>)(5)
11375=35000(5)(<em>r</em>) ----- remember that multiplication is commutative
11375=175000<em>r</em>
Divide both sides by 175000 to cancel it:
11375/175000 = 175000<em>r</em>/175000
0.065 = <em>r</em>
To convert this to a percentage, we multiply by 100:
0.065(100) = 6.5%
It depends on the terms of the account.
If interest is compounded annually, 650*1.06^5 ≈ 869.85 . . . . dollars.
If interest is compounded quarterly, 650*1.015^20 ≈ 875.46 . . dollars.
If interest is compounded monthly, 650*1.005^60 ≈ 876.75 . . .dollars.
1euro = 1.3687 USD
So 150 Euros = 150*1.3687 USD
=<span>205.305 USD
So he spent $205.305 USD on his trip.
He started off with $250 so to find the amount left we just take
250 - 205.305
= $44.695
Or 44 dollars and 69.5 cents. It's a weirdly exact amount, sure, but the question had a very precise exchange rate, so we'll assume this is fine. </span>
The 5 is the coefficient...
Option B: 4 is the multiplicative rate of change of the function
Explanation:
The exponential growth function is 
We need to determine the multiplicative rate of change of the function.
First, let us determine the values of function.
x y
1 8
2 32
3 128
4 512
Since, the multiplicative rate of change of an exponential function is the number by which the next term is increasing or decreasing.
Thus, the multiplicative rate of change of the function is given by
Multiplicative rate of change of the function = 
Multiplicative rate of change of the function = 
Multiplicative rate of change of the function = 
Thus, the multiplicative rate of change of the function is 4
Therefore, Option B is the correct answer.
