Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85
Using inequality for the give interval which states that :
A function lies in an open interval from -2 to 6.
Hence,we can rewrite it as :
-2 < x < 6
Answer:
x = 3.464
Step-by-step explanation:
7x^2 - 84 = 0
7x^2 = 84
x^2 = 12
x= 3.464
The Answer Is 57.92 But the easiest way to do it is Rounding it
Answer:
35/100 *80=25
Step-by-step explanation:
