Answer:
- a) P(x) = 32000*1.04^x
- b) $37435
- c) During year 7
Step-by-step explanation:
<u>Given</u>
- Initial pay = $32000
- Increase rate = 4%
a. <u>Formula</u>
b. Year 5 is after 4 years, so we are looking for the value of P(4)
- P(4) = $32000*1.04^4 = $37435
c. <u>P(x) = 40000, x = ?</u>
- 40000 = 32000*1.04^x
- 1.04^x = 40000/32000
- 1.04^x = 1.25
- log 1.04^x = log 1.25
- x = log 1.25 / log 1.04
- x = 5.69, this is 6 years after
The required number of the years is 6 + 1 = 7
Answer:
7?
Step-by-step explanation:
I think...
Answer:
1.=0
2.=undefined
Step-by-step explanation:
7-7/7--3
0/10
0
-5-3/-4-(-4)
-8/0
undefined
Answer:
Slope = 0.06
Step-by-step explanation:
From the question, we are not asked what to calculate but we can as welll look for the slope of the relationship.
Slope in this scenario will be the rate of change in price of milk with respect to time.
Slope = ∆P/∆t
The standard equation will be expressed as P = mt+c where
m is the slope
t is time
P is the price of milk.
Comparing this with the given model
P(t)=0.06t+2.52
On comparison, we can see that;
m = 0.06
Hence the slope of the expression is 0.06
