Answer:
Total = 2,500 (1.021)^t
Step-by-step explanation:
There is no question but the formula for compound interest is
Total = amount (1 + rate)^time
Total = 2,500 (1.021)^t
Set this up as a ratio putting inches on top and feet on bottom. Then your first ratio would be 1/25 since 1 inch is the same as 25 feet. In between them goes an equals sign and the the other ratio has an x on top (because inches is what we are looking for) and the 1500 on the bottom. Cross multiply to solve for x:
1(1500) = x(25). Divide both sides by 25 to get 60
An equation that models the proportional relationship between t and s.
t = 12.5s
<h3>What is proportional relationship?</h3>
Relationships between two variables where their ratios are equal are known as proportional relationships. The fact that one variable is always a constant value multiplied by the other in a proportionate connection is another way to conceive of them. This parameter is referred to as the "constant of proportionality."
<h3>According to the given information :</h3>
1) Ticket for an art museum costs $12.50
2) In other words, the price will increase by $12.50 for each ticket purchased (or tickets).
In other words, the total expense is always 12.5 times the quantity of tickets sold.
3) This indicates that we can create this ---> t = 12.5s.
An equation that models the proportional relationship between t and s.
t = 12.5s
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