Evan is on holidays in Beijing, China. He took a taxi from the airport to his hotel. It cost him 375 Chinese yuan. He went $15 A
1 answer:
This question is solved using proportions, and doing this, it is found that Evan gets 5 Chinese yuans for every Australian dollar.
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- Evan budgeted $60 for the taxi ride.
- He went $15 over, thus, the taxi ride cost $75.
- In Chinese yuans, the cost was 375.
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75 dollars are worth 375 yuans. How much yuans is a dollar worth?
1 dollar - x yuans
75 dollars - 375 yuans
Applying cross multiplication:
Evan gets 5 Chinese yuans for every Australian dollar.
A similar question is given at brainly.com/question/23352001
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Answer:
Step-by-step explanation:
The equation of the function in exponential form is
The function is determined using points (0,1) and (1,3), so their coordinates satisfy the eduation. Substitute them:
Thus, the equation of the function is
<span>First year is 30,000.
</span><span>Earn 5% raise every year.
</span>Growth factor is 1.05 this sounds a lot like a geometric ratio.
An = A1 × r^(n-1)Sn = A1 × (1 - r^n) / (1-r)<span>n = 40
A1 = 30,000
A40 = $30,000 * 1.05^39 = $201,142.53
S40 = A1 * (1 - 1.05^40) / (1-1.05) which becomes:
S40 = 30,000 * -6.039988712 / -.05 which becomes:
</span>S40 = -181,199.6614 / -.05 which becomes:
S40 = $3,623,993.227
<span>The individual yearly calculations are shown below: </span>
</span><span>Earn 5% raise every year.
</span>Growth factor is 1.05 this sounds a lot like a geometric ratio.
An = A1 × r^(n-1)Sn = A1 × (1 - r^n) / (1-r)<span>n = 40
A1 = 30,000
A40 = $30,000 * 1.05^39 = $201,142.53
S40 = A1 * (1 - 1.05^40) / (1-1.05) which becomes:
S40 = 30,000 * -6.039988712 / -.05 which becomes:
</span>S40 = -181,199.6614 / -.05 which becomes:
S40 = $3,623,993.227
<span>The individual yearly calculations are shown below: </span>