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The calculation uses the accumulated daily balance method (ADB).
We assume the statement is based on calendar month (rare!).
George owes $500 from beginning to end of June, so 30 days out of 30.
Interest accrued is 500*0.013*30/30=$6.50.
He also owes $2000 from June 12 to June 30, so 19 days inclusively.
Interest accrued is $2000*.013*(19/30)=16.47
Total interest at the end of the month=$6.50+$16.47=$22.97
Answer:
a(7)=3645
Step-by-step explanation:
you have :
f(1) =a= 5
and from recursive rule: f(n) = r · f(n − 1) and f(n) = 3 · f(n − 1)
So r=3
then
a(n)=a*r^(n-1)
a(7)=5*3^(7-1)
a(7)=5*3^6=3645
<em>hope this helps</em>
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Answer:
Step-by-step explanation:
To find the inverse of a function, simply switch the 'x' and 'y' variables. Substitute in 'y' in the place of f(x) for this purpose:
y = 2x - 10
Switch positions:
x = 2y - 10
Add '10' to both sides to begin simplifying:
x + 10 = 2y
Divide both sides by 2:
This can be rewritten as:
Therefore, the inverse of the function is:
