So, to set up your equation is the hardest part. If you remember the basic format, you're set.
I(t) = P * (1+r%)^t
t= time and this will be our variable
Initial amount P = $2740
Rate = 4.3% which converts numerically into .043
I(t) = 7000
Before we get to find out how to find how many years it takes to get to $7000, set up the basic equation by plugging in what we know.
I(t) = $2740(1+4.3%)^t
I(t)=2740(1.043)^t
Now plug in for $7000 for I(t)
7000=2740(1.043)^t Divide both sides by 2740
7000/2740 = 2740/2740(1.043)^t
2.55474453=(1.043)^t
Now you can solve for t in two ways. You can either use the natural log or graph it on your graphing calculate and see when the two equations meet.
In your calculator you can set up:
ln(2.55474453)/ln(1.043) = t which is the method I prefer since it's much simpler
t=22.278528
but you can also graph it in your ti-84
with
y1=2.55474453
y2=(1.043)^x
and find where they intersect on the graph.
either way it'll be the same answer
Make bototm number same
3/10 times 13/13=39/130
4/13 times 10/10=40/130
A.
39/130 and 40/130
they are 1/130 apart
B.
a ratioal number between
39/130=390/1300
40/130=400/1300
between 390/1300 and 400/1300
any number from 391/1300 to 399/1300 example 395/1300
Answer:
k = 3
Step-by-step explanation:
If the line passing through the points A (-1,3k) and B (k , 3) is parallel to the line whose equation is 2y+3x=9, then their slopes are equal
For coordinate AB;
slope m1 = 3 - 3k/k-(-1)
m1 = 3-3k/k+1
For the line 2y+3x = 9
2y = -3x + 9
y = -3/2 x + 9/2
Slope m2 = -3/2
Since m1 = m2
3-3k/k+1 = -3/2
Cross multiply
2(3-3k) = -3(k+1)
Expand
6 - 6k = -3k - 3
-6k+3k = -3 - 6
-3k = -9
k = -9/-3
k = 3
Hence the value of k is 3
