Answer:
1.395556x^2
Step-by-step explanation:
Answer:
$20,860.51
Step-by-step explanation:
The multiplier of the investment is e^(rt), where r is the interest rate and t is the time period. In this case, the balance will be ...
A = 5800·e^(0.08·16) = 5800·e^1.28 ≈ 5800·3.5966397 = 20,860.51
You will have about $20,860.51.
I can’t really see the equation, what’s the equation? You can only see the bottom of it
<em><u>Hi there (◕‿-)</u></em>
<em><u /></em>
Since both equations are equal to y, they must equal each other. So set them to equal each other.
28 + 0.05x = 25 + 0.07x (✿ ♥‿♥)
Let's start by subtracting 25 from both sides!
3 + 0.05x = 0.07x (28-25=3, 25-25=0)
Now let's subtract 0.05 from both sides O(≧▽≦)O
3 = 0.02x
We need this x by itself, so let's get rid of it. Do this by divide both sides by 0.02 ( ´_⊃`)
150 = x
So x = 150. Let's test this. Substitute 150 in for x in both equations! \(^○^)人(^○^)/
28+0.05(150) = 25+0.07(150)
28 + 7.5 = 25 + 10.5 (0.05*150=7.5, 0.07*150 = 10.5)
35.5 = 35.5
It works! (ノ◕ヮ◕)ノ*:・゚✧
So x = 150