Answer:
Rent in 10th year = $5345.90
Step-by-step explanation:
Rent of apartment during first year = $1800 per month
But growth in rent with 11.5% per year will be represented by the exponential function,
Rent in 't'th year =
=
=
Therefore, rent during 10th year will be,
Rent in 10th year =
= $5345.90
Answer:
$7821.74
Step-by-step explanation:
Eva invests $6400 in a new savings account which earns 3.4% annual interest, compounded continuously.
We have to find the value of her investment after 6 years,
Now, using the formula for the compound interest we can get the value of her investment.
So, it will be Dollars (Approximate)
{Rounded to the nearest cent} (Answer)
Answer:
B.
Step-by-step explanation:
Rate of change of y with respect to x, can be calculated using any two of the pairs of values of the table, say, (-2, 12) and (0, 3).
Rate of change =
Let,
Plug in the values
Rate of change =