Task: You and your friend were taking turns rolling a die when you thought of a game: If a one is rolled by either player, you p
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Fish Population The population of a certain species of fish has a relative growth rate of 1.2 %per year. It is estimated that the population in 2000 was 12 million. (a) Find an exponential model for the population tyears after 2000 . (b) Estimate the fish population in the year 2005 (c) Sketch a graph of the fish population.
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There are 15 years was his money invested.
<h3>What is simple interset?</h3>Simple Interest is an easy method of calculating the interest for a loan/principal amount.
Given
Frank invests $1,000 in simple interest investment account that pays 8% a year.
After a number of years, he withdraws his balance of $2,200.
The number of years was his money inversted is;
Where p is the principal amount, r is the rate of interest, I is the amount and t is the time.
Substitute all the values in the formula;
Hence, in the 15 years was his money invested.
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