The situations can be represented by the exponential function f(x)=60x1.15^x
After 7.86 years the value of the investment will be three times the initial value (If you round to the nearest dollar)
After 8 years the value of the investment will be $184.00 (If you round to the nearest dollar)
Answer:
Ax+BY=z First subtract Ax from both sides to get By=z-Ax. Then divide by B from both side to get y=(z-Ax)/B
Step-by-step explanation:
Answer: Sales tax is $4.80 and the total cost is $64.80
Step-by-step explanation: Take the difference in the total before and after tax and divide by the price before tax.
To get $4.80, find the sales tax of $60.00 of 8%
We can use this formula: (selling price x sales tax rate)
The sales tax is: $4.80
To find the total cost, add 60.00 by the sales tax. ($4.80)
60.00 + 4.80 = $64.80
Therefore, these are your answers: $4.80 and $64.80
Your answer will be 0.67
Hope this helps
