Zach has $40,173 in his bank account. He recently decided to move to NYC to pursue an acting career and is not making money. He
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Answer:
Albert = $2159.07; Marie = $2244.99; Hans = $2188.35; Max = $2147.40
Marie is $10 000 richer
Step-by-step explanation:
Albert
(a) $1000 at 1.2 % compounded monthly
A = 1000(1 + 0.001)¹²⁰ = $1127.43
(b) $500 losing 2%
0.98 × 500 = $490
(c) $500 compounded continuously at 0.8%
(d) Balance
Total = 1127.43 + 490.00+ 541.64 = $2159.07
Marie
(a) 1500 at 1.4 % compounded quarterly
A = 1500(1 + 0.0035)⁴⁰ = $1724.99
(b) $500 gaining 4 %
1.04 × 500 = $520.00
(c) Balance
Total = 1724.99 + 520.00 = $2244.99
Hans
$2000 compounded continuously at 0.9 %
Max
(a) $1000 decreasing exponentially at 0.5 % annually
A = 1000(1 - 0.005)¹⁰= $951.11
(b) $1000 at 1.8 % compounded biannually
A = 1000(1 + 0.009)²⁰ = $1196.29
(c) Balance
Total = 951.11 + 1196.29 = $2147.40
Marie is $ 10 000 richer at the end of the competition.
ANSWER
The rule is given by the relation,
EXPLANATION
We need to check and see if there is a constant difference between the y-values.
We can see that, there is a constant difference of 2.
This means that the table represents a linear relationship.
Let the rule be of the form,
Then the points in the table should satisfy the above rule.
So let us plug in
This implies that,
Our rule now becomes,
We again plug in another point say, (-1,-1) in to equation (1) to get,
we solve for m now to obtain,
We now substitute back in to equation (1) to get
The rule is given by the relation,
EXPLANATION
We need to check and see if there is a constant difference between the y-values.
We can see that, there is a constant difference of 2.
This means that the table represents a linear relationship.
Let the rule be of the form,
Then the points in the table should satisfy the above rule.
So let us plug in
This implies that,
Our rule now becomes,
We again plug in another point say, (-1,-1) in to equation (1) to get,
we solve for m now to obtain,
We now substitute back in to equation (1) to get