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Yuliya22 [10]
3 years ago
8

Jason invests $1000 at a bank that offers 3% compounded annually. Write an equation to model the growth of the investment

Mathematics
1 answer:
MissTica3 years ago
3 0
Y=1000*1.03^x is the correct compound recursive formula!
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Wang Yong owes the bank
dusya [7]

Given:

Wang Yong owes the bank $8500. He pays back a fixed amount each month. After 12 months, he still has to pay off $6460.

To Find:

The amount of money he pays the bank every month and how long it will take him to pay off the full debt.

Answer:

Wang Yong pays $170 each month, and doing so, it will take him a total time of 50 months to pay off the full debt.

Step-by-step explanation:

Wang Yong has borrows $8500 according to the question.

Say he pays the bank an amount of x every month, which is fixed. After 12 months, he still has to pay $6460.

In 12 months, he would have paid the bank 12x.

But $6460 is still left out of the original $8500.

This means,

8500-12x=6460\\\\12x=8500-6460\\\\12x=2040\\\\x=170

That is, Wang Yong pays the bank $170 every month.

Next, to calculate the amount of time it took Wang Yong to pay back his whole debt, we divide the total sum of money owed to the bank by the amount Wang Yong pays each month.

So, number of months = 8500 ÷ 170 = 50

That is, Wang Yong will pay off his debt 50 months after borrowing the money from the bank, provided he pays back $170 every month.

6 0
3 years ago
The graph below represents the following system of inequalities. y>x-2 y>2x+2 which points (x,y) satisfies the given syste
kramer

Answer: (-4,-6) is the point that ALMOST satisfies both inequalities. IF they were equalities, this would be the solution.

The question is a bit confusing as it asks for "which points (x,y) satisfies both" It's ungrammatical, and many points (infinite within the shaded region) are solutions that SATISFY the system of inequalities!

Step-by-step explanation: Substitute the x and y-values and see if the inequalities are true.

y>x-2 -6> -4-2 -6= -6

That point (-4,-6) is on the dashed line, so not exactly a true solution; this is a question about inequalities. So y values have to be greater than-6 or x-values less than -4 for a true inequality.

y>2x+2

-6>(2)(-4) +2

-6> -8 +2

-6> -6 Again, equal, so for this y-values have to be greater than-6 and/or x-values less than -4 in order to have a true inequality.

If you have the graph to look at, you can select any points in the shaded region that satisfies both of the inequalities.

8 1
3 years ago
3,0 and 4,l what is the y-intercept of the line
alexandr1967 [171]

Answer:

Step-by-step explanation:

(3,0),(4,1) ⇒ (x₁,y₁),(x₂,y₂)

to find the equation of the line

y-y₁= {(y₂-y₁)/(x₂-x₁)}(x-x₁)

y-0= [(1-0)/(4-3)] (x-3)

y-0 = 1/1(x-3)

y-0 = x-3

y= x-3+0

y=x-3

compare to y=mx+c, where m is the gradient and c is the intercept on y-axis

m=1, c=-3

∴the y-intercept of the line is -3

7 0
3 years ago
You are buying packages of beads to make bracelets. Each package costs $3 plus 7% tax. You have a gift card for $15, and you pla
julia-pushkina [17]

Answer:

Step-by-step explanation:

The funtion is:

C(p)= 3(p)+1.07 (1)

where: 3 is the package cost, p is the number of packages and 1.07 is the taxes

the cost could be equal or less than the gift card value so:

CC \leq 15 (2)

Replace 2 en 1

15\leq 3(p) x 1.07

3(p)\leq \frac{15}{1.07}

3p [tex]\leq14.02\\\\p\leq \frac{14.02}{3} \\\\p\leq 4.67[/tex]

It´s important to aprox the quantity to the minimum value so I can buy 4 packages

The reasonable domain is for all R because any number is a possible value of the independent variable

6 0
3 years ago
Watch it and tell me what u think
vesna_86 [32]

Answer:

watch wut bro???????????

3 0
2 years ago
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