Answer:
P(0) = 2000
P(10) = 2414
Step-by-step explanation:
The price for today is given by P(t) when t=0. Put 0 where t is, and do the arithmetic.
P(0) = 2000·1.019^0 = 2000
The price in 10 years is given by P(t) when t=10. Put 10 where t is, and do the arithmetic.
P(10) = 2000·1.019^10 ≈ 2000·1.207096 ≈ 2414
There are two ways you could do this:
1. (if you have a calculator) This is called decimal multipliers, and basically all you do is multiply 160 by 1.3 because 1.3 is 1 (160) and 0.3 (30%) so you would get 208.
2. (without a calculator) This is the 'long way'. You do 160 ÷ 10 = 16 = 10%, and then 16 × 3 = 48 = 30%. After this you just add 48 on to 160 to get 208.
Hope this helps!
Answer:
1.4 is a rational number because it has a terminal decimals. it is the same as 14/10
1-Step-by-step explanation:
