Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85
Answer:
B
Step-by-step explanation:
Since p and v vary inversely then the equation relating them is
p = 
← k is the constant of variation
to find k use the condition p = 8 when v = 40
k = pv = 8 × 40 = 320
⇒ p(v) = 
→ B
Answer:
Step-by-step explanation:
3 pieces such that each piece is 2 cm longer then the next...
x , x + 2, x + 4
x + x + 2 + x + 4 = 30
3x + 6 = 30
3x = 30 - 6
3x = 24
x = 24/3
x = 8
x + 2 = 8 + 2 = 10
x + 4 = 8 + 4 = 12
check...
8 + 10 + 12 = 30
18 + 12 = 30
30 = 30 (correct)...it checks out
the ribbon lengths are : 8 cm, 10 cm, and 12 cm
Answer:
x = 8^3
Step-by-step explanation:
To rewrite an equation with logs in exponential form, you need to know
logb(a) = m is equivalent to a= b^m
So given log8 (x) = 3 is equivalent to x = 8^3
Answer:
366cm²
Step-by-step explanation:
