Answer: The balance in the account after 10 years is $3374.65
Step-by-step explanation:
The exponential equation for growth [ compounded continuously] is
, where P= Present value
r= growth rate ( in decimal)
t= time (years)
By considering the given information , we have
p=$2500 r = % =0.03 and t= 10
Substitute all the values in the above equation , we get
[Round to the nearest cent]
Therefore, the balance in the account after 10 years is $3374.65
Answer:
30.72
Step-by-step explanation:
Yes. Parallel means same slope as original line. So it’s 2
Answer:
$14.80
Step-by-step explanation:
The price of Veronica's meal before tax and tip was $11.92. Veronica paid 8% tax, then added a 15% tip to the total
Answer:
Step-by-step explanation:
You need to complete the square.
C(x) = 0.02(x^2 - 1000x ...) + 11000
C(x) = 0.02 (x^2 - 1000x + 500^2) + 11000 - 5000
C(x) = 0.02 (x^2 - 1000x + 500^2) + 6000
C(x) = 0.02(x - 500)^2 + 6000
Now if you look at the answer you will find that the square is completed. That means that number of tractors you could produce is 500 at a cost of 6000
There is a flow to this question that you may have trouble understanding.
First of all the 500^2. That comes from taking 1/2 of 1000 and squaring it. That's what you need to complete the square.
Bur that is not what you have adding into the equation. Remember that there is a 0.02 in front of the brackets.
500^2 = 250000
0.02 * 250000 = 5000
So that number must be subtracted to make the square = 0. When you remove the brackets, you should get 11000 all in all.
So what you have outside the brackets is 11000 - 5000 = 6000
The rest is just standard for completing the square.
