Maddie's office recycled a total of 12 kilograms of paper over 4 weeks. How many weeks will it take Maddie's office to recycle a
1 answer:
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Answer:
$110.25
Step-by-step explanation:
Step one:
given
principal= $100
rate= 5%
time = 2 years
Required
The final amount
Step two:
The compound interest formula is
substituting we have
The final amount is $110.25
Remember that the general decay equation is:
where
is the amount after a time 
is the initial amount
is the the decay percent in decimal form
The first ting we are going to do is find by dividing our <span>decay rate of 25% by 100%: </span>
.
We also know from our problem that
. Lets replace and in our formula:
We know now that our decay rate is 0.75, and since 0.75<1, we can conclude that this situation represents exponential decay.
Now, to find the initial amount, we are going to solve our equation for
:
Notice that will depend on the number of ours . <span />
where
The first ting we are going to do is find
We also know from our problem that
We know now that our decay rate is 0.75, and since 0.75<1, we can conclude that this situation represents exponential decay.
Now, to find the initial amount, we are going to solve our equation for
Notice that