Answer:
FV= 1,000*(1.12^n)
Step-by-step explanation:
Giving the following information:
Initial investment= $1,000
Increase rate= 12% = 0.12
We need to formulate an exponential equation to show the value in n years.
<u>To calculate the Future Value, we need to use the following formula:</u>
FV= PV*(1+i)^n
Being:
FV= Future Value
PV= Initial Investment
i= increase rate
n= number of periods
FV= 1,000*(1.12^n)
<u>For example, for one year:</u>
FV= 1,000*(1.12^1)
FV= $1,120
For 3 years:
FV= 1,000*(1.12^3)
FV= $1,404.93
Answer:
-0.1, 0, 0.8, 1.2, 1.6
Step-by-step explanation:
You can perform all kind of operation that are one the inverse of the other, so that the value won't change. For example, you can multiply and divide by 2:
Or add and subtract 5:
Answer:
Step-by-step explanation:
The exponential function that decrease by 15% every time x increases by 1 is given by:
We simplify the parenthesis to get:
Therefore the decrease by 15% every time x increases by 1 is
The second choice is correct.
Answer:
6y=12x+18
Step-by-step explanation:
Y=Mx+b
