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.
Answer:if you double all of the dimensions of a rectangular prism, you create a similar prism with a scale factor of 2. The surface area of the similar prism will increase as the square of the scale factor (22 = 4) and the volume will increase as the cube of the scale factor (23 = 8).
Step-by-step explanation:
The scale factor is 1.5 because:
9 x 1.5 = 13.5
5 x 1.5 = 7.5
