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Stells [14]
3 years ago
10

What is the result when the number 11 is increased by 8.8%?

Mathematics
1 answer:
Dafna1 [17]3 years ago
5 0

Answer:

11.968

Step-by-step explanation:

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Create an exponential to describe $100 at 2% interest, compounded annually, for x years. y=100(.98)^x y=100(.8)^x y=100(1.2)^x y
zysi [14]

The exponential to describe $100 at 2% interest, compounded annually, for x years is y=100(1.02)^{x}

<h3><u>Solution:</u></h3>

Given that $ 100 at 2 % interest , compounded annually for "x" years

<em><u>The formula for compound interest, including principal sum, is:</u></em>

A=P\left(1+\frac{r}{n}\right)^{n t}

A = the future value of the investment/loan, including interest

P = the principal investment amount (the initial deposit or loan amount)

r = the annual interest rate (decimal)

n = the number of times that interest is compounded per unit t

t = the time the money is invested or borrowed for

Here in this sum,

P = $ 100

r = 2 \% = \frac{2}{100} = 0.02

number of years = x

Here given that compounded annually , so n = 1

Let "y" be the amount after "x" years

Substituting the values in formula we get,

\begin{aligned}&y=100\left(1+\frac{0.02}{1}\right)^{1 \times x}\\\\&y=100(1+0.02)^{x}\\\\&y=100(1.02)^{x}\end{aligned}

Thus the exponential to describe is y=100(1.02)^{x}

5 0
4 years ago
Suppose Brianna has 1 3/4 quart of red paint. Will she have enough to paint 4 birdhouses red?
Stella [2.4K]
It depends on how much paint she needs to paint 1 birdhouse. 
5 0
3 years ago
HELP plsssssss taking my final
Tom [10]
The answer is 11/9 hope that helps
6 0
3 years ago
PLS HELOP MEEEEEEEEEEEEEEEEE
mestny [16]
1. No
2. Yes
3. 2 out of 6
7 0
3 years ago
Read 2 more answers
Plz help....................
Finger [1]

Look at the picture.

common part, then "and"

<h3>Answer: x ≥ -6 and x ≤ 5</h3>

5 0
3 years ago
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