Answer:
Step-by-step explanation:
A $10,000 deposit at the bank will double in value in 9 years.
If the interest is r% and it is compounded each year, then we can write from the formula of compound interest that
⇒
⇒
⇒ r = 8%
Therefore, the formula for the accumulated amount t years after the investment is made will be
where, P is the invested principal and S is the accumulated sum. (Answer)
Answer:
- No, there is no proportional relationship
Step-by-step explanation:
<u>The proportional relationship is:</u>
- y = kx, which is a special form of linear equation, with zero y-intercept
<u>In the given case we have:</u>
This is a linear function but not proportional relationship because it has y-intercept, different than zero
Answer:
$0.119... per oz, or 0.1
Step-by-step explanation:
$.179 ÷ 15 = 0.119...
Now round to the nearest tenth, and you get 0.1.
Answer:
Should be 38.28
Step-by-step explanation:
Dividing 6.60 by 5 is $1.32, aka the cost of one gallon. multiply by 29, answer is that it costs $38.28 to get 29 gallons of gasoline.