Answer:
$3,623.84 Exact answer without rounding | $3,623.85 ~ (Approximent Answer with rounding.)
Step-by-step explanation:
Compound Interest Has a Specific Formula:
This case is Exponential Growth.
Formula: y= ab^x
You need to set up the equation.
First we need to define the rate of growth meaning what do you have to do for the 6.5%.
You need to do 100% + 6.5% = 106.5%
You need to convert the percent to a decimal which will be 1.065
Now we need to start plugging things into our formula to solve.
Your initial Starting amount was $3000
So you need to have y=3000(b)^x
We now know that the rate of growth is 1.065 so the b would be 1.065
y=3000(1.065)^x
Our power to x is our 3.5 years.
Our Equation now:
y=3000(1.065)^3
Now you need to use a calculator to do this due to the amount of decimals and digits.
Remember pemdas when doing this!!!
The answer should result to $3,623.84 but if rounded then: $3,623.85
A^-b is the same as 1/a^b.
When there is a negative power, place the number and power over 1.
a^b/a^c = a^(b-c).
c is a negative power, because it is being divided, and is underneath b, which is a positive (and so it stays in the numerator).
a^c/b^c = (a/b)^c
Inside this one, the power of c is distributed to all numbers inside the parenthesis, in this case a and b.
hope this helps
Answer:
D. 
Step-by-step explanation:
Given
Required
Determine its equivalent
<em>From the list of given options, the correct answer is</em>
This is shown as follows;
Multiply both sides by 
Open Bracket
Subtract x from both sides
Multiply both sides by -1
Reorder
<em>Hence, the correct option is D</em>
The real answer is y=-1/2+9 !
