What is a detailed example of simple interest?
1 answer:
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Answer:
I'm glad you asked!
Step-by-step explanation:
So let's do it step by step.
Already she has to pay $ for going in.
She has whole pounds.
x
or
Add $ and $
.
Now let's do $1.25 divided by 10.
$
divided by $
Now let's do times
x
Now let's add 7.5 to 0.5
So, here we have an exponential function.
Remember that an exponential function has the form:
Where a represents an initial amount, and r is the rate of this amount to change. (Increase, or decrease).
So, given that the population of City A in 2000 was 40 thousand people and the population increased by 13% each year, we can say that
So,
For city B:
But something different happens with city C. This is not an exponential function, this is a linear function.
So,