Answer:
see below
Step-by-step explanation:
The problem statement seems to presume you have seen an exponential function like this written as ...
f(t) = a0·(1 +r)^t
where a0 is the value corresponding to f(0) and "r" is the fractional rate at which the value increases for each increment of t.
Here, 1+r corresponds to 1.04 in the given function, so r = 0.04 = 4%. When the value is <em>greater than 0</em>, it means there is an <em>increase</em> by that fraction each time t increases by 1.
Here, t is not defined, either, but it would usually be used to represent years in a situation like this. (In other situations, it might represent months, hours, or millenia.)
Hence, the appropriate choice is the one that describes a 4% annual increase.
Answer:
I think b
Step-by-step explanation:
Answer:
The addition rule for probabilities describes two formulas, one for the probability for either of two mutually exclusive events happening and the other for the probability of two non-mutually exclusive events happening.
The first formula is just the sum of the probabilities of the two events. The second formula is the sum of the probabilities of the two events minus the probability that both will occur.
Answer:
11
Step-by-step explanation:
First, find how much a token costs.
4.40 ÷ 8 = .55
Then divide 6.05 by .55 to get 11.