Math 1319 chapter 5.1-5.6
1 answer:
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Answer: $ 3462.03
Step-by-step explanation:
The exponential equation for growth (compounded continuously) is given by :-
, where P= Present value
r= growth rate ( in decimal)
t= time
As per given , we have
P=$1900, r = 6% =0.06 and t= 10
Substitute all the values in the above equation , we get
[To the nearest cent]
Hence, the balance in the account after 10 years = $ 3462.03
The correct answers are:
The slope of the line is 4.
A point on the line is (−5, 56)
Step-by-step explanation:
Given equation is:
The slope-intercept form is:
Comparing both equations we get
m = 4
The point is (-5,56)
So, the correct answers are:
The slope of the line is 4.
A point on the line is (−5, 56)
Keywords: Point-slope form, Slope
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