The area of the circle is given as:
Plugging the value of the radius we have that:
Therefore the area in terms of pi is:
Answer:
Initial value = 4
Growth factor = 1.6
Step-by-step explanation:
Function representing the exponential growth is given by,
f(x) = Initial value(1 + growth rate)ˣ
Here x = time or duration for growth
(1 + growth rate) = Growth factor
Given function is,
f(x) = 4(1.6)ˣ
By comparing both the functions,
Initial value = 4
Growth factor = 1.6
Answer:
she is wrong, offer 2 results in lower interests
Step-by-step explanation:
total amount paid if offer 1 is accepted:
$6,000 x (1 + 3%)² = $6,000 x 1.0609 = $6,365.40
she will pay $365.40 in interests
total amount paid if offer 2 is accepted:
($6,000 x 1.01) x 1.05 = $6,060 x 1.05 = $6,363
she will pay $363 in interests
Compounding interest refers to interest that earns more interest itself, e.g. in the first offer, the $180 of interests charged for the first year will earn $5.40 in extra interests. While offer 2 only charges $60 in interests during the first year which will in turn earn $3 of interests. The difference between both offers is that interest charges in offer 1 earn more interests than the interest in offer 2 = $5.40 - $3 = $2.40
Hello,
7l=7×1000=7000 ml
Bye :-)
