Every week, Hector’s 20 hours earns $210.00. He earns a constant amount of money per hour.
1 answer:
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Step-by-step explanation:
Let's look at what we know. We know that...
P=2000
r=0.04 (Change 4% to a decimal)
t=7 (25 years minus 18 years equals 7)
n=1
Since we are compounding each year, we need to use this equation:
Now just plug the numbers in: (Answer to #1:)
This equals 2631.86
When we round, this equals to $2,632. (Answer to #2).
<h2>Steps</h2>
- Standard Form Equation: f(x) = ax² + bx + c
So firstly, since (0,5) is one of our values we can plug it into the standard form equation to solve for the c variable (since 0 will cancel out the a and b variable):
Now we know that the value of c is 5. Next, plug in (-1,12) into the standard form equation and simplify (remember to also plug in 5 for the c variable):
Next, plug (2,15) into the standard form equation and simplify:
Now, with our last two simplified equations we will create a system of equations:
Now, I will be using the elimination method with this system. With the system, add up the equations together and you will get:
From here, we can solve for the a variable. With it, just divide both sides by 3:
Now that we know the value of a, plug it into either equation to solve for the b variable:
Putting all of our obtained values together, your final answer is: