Steve manages a skate park and he has been analyzing the attendance data. Steve finds that the number of visitors increases expo
nentially as the temperature increases, and this situation is represented by the function f(x) = 5x. Steve also finds a linear equation that models the number of people who leave the park early depending on the change in temperature, and it is represented by f(x) = −x + 6. The graph of the two functions is below. Find the solution to the two functions and explain what the solution represents. (10 points)
2 answers:
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Answer:
The principal for the account is $375.
Step-by-step explanation:
This is a simple interest problem.
The simple interest formula is given by:
In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
The interest earned after 1 year is $12 .If the interest rate is 3.2% for account (A).
This means, respectively, that
We want to find P.
The principal for the account is $375.