Answer:
1. $686.94
2. $735.03
3. $10707.55
4. $17631.94
5. $19635.72
Step-by-step explanation:
1st Question:
The interest rate is 7% for each year. This means that each year the person has to pay 7% more than the previous amount. So we need to multiply the initial amount by (0.07+1=1.07) in order to get the interest for the first year. if we want to find the second year's interests then we will have to multiply 2 (1.07)'s and so on.
in this case our function is: 600*(1.07)^t=P(t)
when t=2 P(2)=600*(1.07)^2=$686.94
2nd Question:
Function: 600*(1.07)^t=P(t)
when t=3 P(3)=600*(1.07)^3=$735.03
3rd Question:
initial value=$8500
1+0.08=1.08
Function: 8500*(1.08)^t=P(t)
t=3
P(3)=8500*(1.08)^3=$10707.55
4th Question:
initial value=$12000
1+1.08=1.08
t=5
Function: P(t)=12000*(1.08)^t
P(5)=12000*(1.08)^5=$17631.94
5th Question:
Function: 14000*(1.07)^t=P(t)
P(5)=14000*(1.07)^5
P(5)=$19635.72
Answer:
The amount of sales in order to cover his monthly expenses must be greater than or equal to $22,500
Step-by-step explanation:
Let
x----> represent the amount of sales Ollie will need
we know that
The amount of sales for the month multiplied by the commission rate as a decimal plus the fixed amount must be greater than or equal to $5,400 each month
so
The inequality that represent this situation is
solve for x
subtract 2,700 both sides
divide by 0.12 both sides
The amount of sales in order to cover his monthly expenses must be greater than or equal to $22,500
answer and how to do it
To find the x-intercept, substitute in 0 for y and solve for x. To find the y-intercept, substitute in 0 for x and solve for y.
x-intercept(s): (−5,0)
y-intercept(s): (0,−52)
answer is (-5,-52)
Answer:
Your anwser is (-3 -4)
Step-by-step explanation:
Hope this helps you! 'v'
