First, you want to get x by itself on one side. We write the equation as 
. Since 14 is being subtracted from 
, we add it to both sides to cancel it out, 
or 
.
Your answer would be D.
Your answer would be D.
Phyllis invested 32000 dollars, a portion earing a simple interest rate of 5 percent per year and the rest earning a rate of 6 p
1 answer:
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Answer:
The value of the bond when Tyler's mom purchased it was $150
Step-by-step explanation:
we know that
In this problem we have a exponential function of the form
where
a is the initial value (y-intercept)
b is the base
r is the rate
b=(1+r)
In this problem
r=4%=4/100=0.04
b=1+0.04=1.04
substitute
where
x is the number of years since the savings bond was purchased
f(x) is the value of the savings bond
For x=1
f(x)=$156
substitute
Solve for a
therefore
The value of the bond when Tyler's mom purchased it was $150