1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mylen [45]
2 years ago
7

Write an exponential equation that represents the given situation. You invest $1000 and it increases 12% each year. Can you teac

h me it because i need to show my work, thank you
Mathematics
1 answer:
IrinaK [193]2 years ago
8 0

Answer:

FV= 1,000*(1.12^n)

Step-by-step explanation:

Giving the following information:

Initial investment= $1,000

Increase rate= 12% = 0.12

We need to formulate an exponential equation to show the value in n years.

<u>To calculate the Future Value, we need to use the following formula:</u>

FV= PV*(1+i)^n

Being:

FV= Future Value

PV= Initial Investment

i= increase rate

n= number of periods

FV= 1,000*(1.12^n)

<u>For example, for one year:</u>

FV= 1,000*(1.12^1)

FV= $1,120

For 3 years:

FV= 1,000*(1.12^3)

FV= $1,404.93

You might be interested in
Round each number to the nearest ten. what is the best estimate for the answer 303.55
bixtya [17]
Answer=303.6

When rounding numbers to the nearest tenth, we need to look to the number in the hundredths place.

303.55

If the number is 5 or greater, we round up. If the number is 4 or less, we round down. The number IS 5, so we round up.

303.55 becomes 303.6
3 0
3 years ago
What is 2/3 + 1/4<br>*please help*
Tcecarenko [31]
\frac{2}{3}+\frac{1}{4}

Re-write with a common denominator, in this case 12:

\frac{2 \times 4}{3 \times 4}+\frac{1 \times 3}{4 \times 3}
\frac{8}{12}+\frac{3}{12}

Add:
\frac{8}{12}+\frac{3}{12} = \frac{11}{12}
6 0
3 years ago
Read 2 more answers
4. Solve the following system of equations for x.
Ber [7]

We are given the system of equations -:

\large{ \begin{cases} 2x + 3y =  - 14 \\ y = 6x + 22 \end{cases}}

Since the second equation is y-isolated equation. It can be substituted as y = 6x+22 in the first equation.

\large{2x + 3(6x + 22) =  - 14}

Expand 3 in the expression so we can combine like terms and isolate x-variable.

\large{2x + 18x + 66 =  - 14}

Then combine like terms.

\large{20x + 66 =  - 14}

Get rid of 66 from the left side by subtracting both sides by itself.

\large{20x + 66 - 66 =  - 14 - 66} \\  \large{20x =  - 80}

To finally isolate the variable, divide both sides by 20 so we can leave x only on the left side.

\large{ \frac{20x}{20}  =  \frac{ - 80}{20} }

Simplify to the simplest form.

\large{x =  - 4}

Normally, we have to find the y-value too but since we only find x-value. The answer is x = -4.

Answer

  • x = -4

I hope this helps! If you have any questions or doubts regarding my answer, explanation or system of equations, feel free to ask!

5 0
3 years ago
Anthony Chen's father is going to put a tile border around
Levart [38]

Answer: 12

Step-by-step explanation:

One yard is three feet. So three times four is 12 because it makes four yards in total with each side being a yard.

3 0
3 years ago
Which equation is not equal to 6^3/6^6 ?: 1/6^2 6^-3 1/216 1/6^3
SCORPION-xisa [38]
The answer would be 60 because its multiplication all those numbers

4 0
2 years ago
Other questions:
  • Pc Richard and son are selling a drone for 179.99 for 10% off and $20 off to the first 100 customers what’s the price
    8·1 answer
  • Distance between points (−4, 3) and (−2, −1)?
    15·1 answer
  • Help please i don't understand °∧° ∧.∧
    10·1 answer
  • an insurance company crashed 4 cars at 5 mph the cost for each 4 crashes was $417, $454, $415, $232. compute the range, sample v
    12·2 answers
  • Find BC<br>AC = 7<br>BD = 7.5<br>DE = 1.5<br>AE = 11​
    12·1 answer
  • If you borrow $800 for 8 years at an annual rate of 11% how much will you pay altogether?
    12·2 answers
  • Can chewing gum help your jawbone
    9·1 answer
  • Use the Distributive Property to simplify.<br> -(29–39–2w+5m)
    11·1 answer
  • Classify each special right triangle in the length ratio of (Side1 : Side2 : hypotenuse)
    7·1 answer
  • What is the best way of choosing a sample to statistically represent a population? Why?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!