Cross the y-axis in x=0
therfore:
if x=0; y=3*0+2=2; ⇒ P(0,2)
solution: P(0,2).
Given:
Interest = 4,275
interest rate = 2.5%
term = 18 years
Principal = ?
Interest = Principal * interest rate * term
4,275 = P * 2.5% * 18
4,275/ (2.5% * 18) = P
4,275 / 0.45 = P
9,500 = P
Your mom deposited 9,500 when you were born.
Answer:
In geometry, you can use deductive rules to prove that a given statement or conjecture is true or false using deductive reasoning.
Step-by-step explanation:
Answer:
Step-by-step explanation:
Your exponential formula is in the form y = ab^x. In this form, the coefficient 'a' is the initial value, the y-intercept, the value when x=0. The value 'b' is the growth factor, which is 1 more than the growth rate per increment of x. This problem is asking for the growth rate to be expressed as a percentage.
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Given p(x) = 78500(1.02^x), we can compare to the exponential function form to see that ...
- a = 78,500
- b = 1.02 = 1 +0.02 = 1 +2%
The value of x is zero in the year 2000, so the population that year is ...
p(0) = a = 78,500
The increase per year is the value of 'b' with 1 subtracted:
growth rate = 2% per year
