You are riding in a hot air balloon on Valentine’s Day withyour sweetheart. As you get ready to set your balloon downyou notice
that while your balloon is 500 ft above ground, your friends balloon is 800 ft above ground. The plan is for both balloons to descend straight down. Your balloon willland right at the edge of the lake below, but it appears thatyour friends will be pretty far away. You can see a reflectionof their balloon right in the middle (direct center) of the 1200 ft wide lake below.How far away from the lake will your friends touch down?
(Don't mind my scribbles maybe they will help, maybe not)
(Don't mind my scribbles maybe they will help, maybe not)
1 answer:
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Deposited amount = $14.
Rate of interest = 2.7%
In decimals 2.7 could be written by dividing 2.7 by 100, we get
0.027.
Interest earned each year = 2.7% of $14 = 0.027*14 = $0.378.
We can make a table to balance by after each year.
First year balance: First year interest + Deposited amount = 0.378 +14 = $14.378.
Second year balance: Second year interest + Deposited amount = 2*0.378 +14 = 0.756+ 14 = $14.756.
Third year balance: Third year interest + Deposited amount = 3*0.378 +14 = 1.134+ 14 = $15.134.
We get four coordinates to graph A(0,14), B(1, 14.378) , C(2, 14.756) and D(3, 15.134).
Plotting those coordinates of the points A, B, C and D on the graph.
