Answer:
523.3
Step-by-step explanation:
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1 answer:
Answer:
After 5 years, savings account = $241.00
After 8 years, savings account = $269.53
Step-by-step explanation:
If the savings account increases by 3.8% per year, this means it will be 103.8% of the previous year's value since 100% + 3.8% = 103.8%
103.8% in decimal form = 103.8/100 = 1.038
Therefore, the exponential function is:
, where
is the number of years
So when ,
After 5 years, savings account = $241.00
After 8 years, savings account = $269.53
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Given:
The graph shows the relationship between the number of pounds of apples purchased and the total cost of the apples.
To find:
The cost of 1 pound of apples.
Solution:
We need to find the slope of the line to get the cost of 1 pound of apples.
From the given graph it is clear that the line passes through two points (0,0) and (2,3). So, the slope of the line is
Therefore, the cost of 1 pound of apples is $1.5.