Answer:
g = 1
Step-by-step explanation:
-3 + 5 + 6g = 11 - 3g
2 + 6g = 11 - 3g
Add 3g to both sides.
2 + 9g = 11
Subtract 2 from both sides
9g = 9
g = 1
Answer:
Present value = $4,122.4
Accumulated amount = $4,742
Step-by-step explanation:
Data provided in the question:
Amount at the Start of money flow = $1,000
Increase in amount is exponentially at the rate of 5% per year
Time = 4 years
Interest rate = 3.5% compounded continuously
Now,
Accumulated Value of the money flow = 
The present value of the money flow = 
= 
= ![1000\left [\frac{e^{0.015t}}{0.015} \right ]_0^4](https://tex.z-dn.net/?f=1000%5Cleft%20%5B%5Cfrac%7Be%5E%7B0.015t%7D%7D%7B0.015%7D%20%5Cright%20%5D_0%5E4)
= ![1000\times\left [\frac{e^{0.015(4)}}{0.015} -\frac{e^{0.015(0)}}{0.015} \right]](https://tex.z-dn.net/?f=1000%5Ctimes%5Cleft%20%5B%5Cfrac%7Be%5E%7B0.015%284%29%7D%7D%7B0.015%7D%20-%5Cfrac%7Be%5E%7B0.015%280%29%7D%7D%7B0.015%7D%20%5Cright%5D)
= 1000 × [70.7891 - 66.6667]
= $4,122.4
Accumulated interest = 
= 
= $4,742
104 divided by 13 equals 8, so that means there can be 2 rows on each page.
Answer:
Option C is the correct answer.
C. 5•(-20)
Step-by-step explanation:
We are told that the insurance payment for the car follows a certain pattern that can be represented through an expression. The payment is decreasing by $20 every year. As we don't know the total payment amount per period, so we cannot calculate how much is paid per period/year for insurance but we can calculate the rate at which this payment is decreasing.
Change in payment = t * (-20)
The above expressions can be used to calculate the amount of change in payment i payment is decreasing by a constant $20 every year, after t years.
So, if we want to calculate the change in payment after say 5 years, we can replace t with 5 in the equation and calculate the change,
Change in payment = 5 * (-20)
Change in payment = - $100
