You notice a hot air balloon descending. The elevation h (in feet) of the balloon is modeled by the function h(x)=-8x+360, where
x is the time in seconds) since you first noticed the hot air balloon.
Graph the function and specify its domain
and range. Then interpret the slope and intercepts of the graph.
Graph the function and specify its domain
and range. Then interpret the slope and intercepts of the graph.
1 answer:
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Answer:
(D)$2079.23
Step-by-step explanation:
If I borrowed $11,250 from the bank to buy a used car. You will pay the bank back in 5 years with 3.45% interest compounded annually, then:
Principal=$11,250
Time=5 years
Rate=3.45%
Since it is compounded annually, our compound interest will be derived using this formula:
Interest=Amount at the end of 5 years - Principal
where:
Amount,
Therefore our Interest=13329.23-11250 =$2079.23