Answer:
Future Value= $17,170.12
Step-by-step explanation:
Giving the following information:
Monthly deposit (A)= $70
Interest rate (i)= 0.04/12= 0.0033
Number of periods (n)= 15*12= 180 months
<u>To calculate the future value (amount saved), we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {70*[(1.0033^180) - 1]} / 0.0033
FV= $17,170.12
Answer:
Sales increase with a decrease in the price.
Step-by-step explanation:
Answer:
a) 
b) 394 thousand = 394,000 people will be following the website in 2016
Step-by-step explanation:
Exponential equation for an amount:
The exponential equation for an amount after t years has the following format:

In which y(0) is the initial value and r is the growth rate, as a decimal.
A social media website had 350,000 followers in 2010. The number y of followers increases by 2% each year.
This means that: 
a. Write an exponential growth function that represents the number of followers t years after 2010
In thousands:


b. How many people will be following the website in 2016?
2016 is 6 years after 2010, so this is y(6).

Rounding to the nearest thousand:
394 thousand = 394,000 people will be following the website in 2016
Answer:
(2x - 5) (x + 1)
Step-by-step explanation:
2x2 - 3x - 5 = 0
(2x - 5) (x + 1) = 0