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igomit [66]
3 years ago
15

Keith Wendell plans to borrow $5,810.

Mathematics
1 answer:
Novosadov [1.4K]3 years ago
3 0
I=5810*0.08*95/360=122.66

I=5810*0.08*95/365=120.98

122.66-120.98=1.68
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VikaD [51]

Answer:

A) 525,500

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A) t=0 represents the year 2000, so put 0 where t is in the expression and evaluate it. Of course, e^0 = 1, so the y-value is 525.5 thousand, or 525,500.

__

B) Each year, the population is multiplied by e^-0.01 ≈ 0.99004983, or about 1 - 0.995%. That is, the population is decreasing by 0.995% per year.

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C) t represents the number of years since 2000, so the year 2020 is represented by t=20. Put that value in the equation and do the arithmetic.

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E) Your working shows the general idea, but you need to remember the numbers in the equation are thousands:

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The population will be 480 thousand after 9 .06 years, in the year 2009.

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