Answer:
-4
Step-by-step explanation:
i just did it..
Answer:
y = 2x + 6
Step-by-step explanation:
10x - 5y = -30
-5y = -10x - 30
y = 2x + 6
It will have 25,000 dollars in 30 months
Answer:
the answer is 0.30
Step-by-step explanation:
600/20=30
two decimal place=0.30
This is an exponential decay problem.
Using the equation Y = a *(1-rate)^time
where Y is the future value given as 12,000 and a is the starting value given as 13,000.
The rate is also given as 5%.
The equation becomes:
12,000 = 13,000(1-0.05)^x
12,000 = 13,000(0.95)^x
Divide each side by 13000:
12000/13000 = 0.95^x/13000
12/13 = 0.95^x
Use the natural log function:
x = ln(12/13) / ln(0.95)
x = 1.56 years. ( this will equal 12,000
Round to 2 years it will be less than 12000.
