Hey Jinx :)
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Note that a decay has a rate between 0 and 1, and a growth as a rate of 1 or higher.
y = 1/2(1 + 0.03)^t → y = 1/2(1.03)^t (Rate is more then 0) GROWTH
y = 0.3(0.95)^t → (Rate is between 0 and 1) DECAY
y = ((1+0.03)^1/2)^2t → y = y = 1.014^2t (Rate is more then 0) GROWTH
y = 200(0.73)^t → (Rate is between 0 and 1) DECAY
y = 4(1/4)^t → (Rate is between 0 and 1) DECAY
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Hope This Helped! Good Luck!
1/18 is left. Thomas has 1/18 left of his book. How? What denominator can 9&6 relate to? 54? Sure, but it could be lower. How about 18? Ok. We have 18 because 9x2 and 6x3 both equal 18...
2/9 becomes 4/18 because 18 divided by 9 is 2. You multiply 2 with the two from 2/9.
1/6 becomes 3/18 because 18 divided by 6 is 3. You then multiply 3 with the one from 1/6.
Put it together and TA-DA... Your answer is 1/18
Alright, so you have the basic formula- good.
You have the A value (400), the interest rate r (7.5% -> .075 in decimal), and the final P value (8500). So, we only need to solve for t.
8500 = (400)(1+.075)^t
/400 /400
21.25 = 1.075^t
logarithms are the inverse of exponents, basically, if you have an example like
y = b^x, then a logarithm inverts it, logy(baseb)=x
Makes sense if you consider a power of ten.
1000 = 10^3
if you put logbase10(1000), you'll get 3.
Anyways, though, to solve the problem make a log with a base of 1.075 in your calculator
log21.25(base 1.075) = t
also, because of rules of change of base (might want to look this up to clarify), you can write this as log(21.25)/log(1.075) = t
Thus, t is 42.26118551.
Rounded to hundredths, t=42.26
Simple, solve straight across, its either 4n or 2n
Answer:
the correct answer is true
