Answer: 64 years
Step-by-step explanation:
Let assume the dealer sold the bottle now for $P, then invested that money at 5% interest. The return would be:
R1 = P(1.05)^t,
This means that after t years, the dealer would have the total amount of:
$P×1.05^t.
If the dealer prefer to wait for t years from now to sell the bottle of wine, then he will get the return of:
R2 = $P(1 + 20).
The value of t which will make both returns equal, will be;
R1 = R2.
P×1.05^t = P(1+20)
P will cancel out
1.05^t = 21
Log both sides
Log1.05^t = Log21
tLog1.05 = Log21
t = Log21/Log1.05
t = 64 years
The best time to sell the wine is therefore 64years from now.
(x) is an element of a real number. This means it could be an integer, fraction or irrational number.
* As x approaches infinity, y approaches infinity.
* As x approaches minus infinity, y approaches 0.
-------------
Domain:
(x) is an element of a real number
Range:
y>0
Answer:
The value of the account in the year 2009 will be $682.
Step-by-step explanation:
The acount's balance, in t years after 1999, can be modeled by the following equation.
In which A(t) is the amount after t years, P is the initial money deposited, and r is the rate of interest.
$330 in an account in the year 1999
This means that 
$590 in the year 2007
2007 is 8 years after 1999, so P(8) = 590.
We use this to find r.
Applying ln to both sides:
Determine the value of the account, to the nearest dollar, in the year 2009.
2009 is 10 years after 1999, so this is A(10).
The value of the account in the year 2009 will be $682.
<span>1) We are given that PA = PB, so PA ≅ PB by the definition of the radius.
</span>When you draw a perpendicular to a segment AB, you take the compass, point it at A and draw an arc of size AB, then you do the same pointing the compass on B. Point P will be one of the intersections of those two arcs. Therefore PA and PB correspond to the radii of the arcs, which were taken both equal to AB, therefore they are congruent.
2) We know that angles PCA and PCB are right angles by the definition of perpendicular.
Perpendicularity is the relation between two lines that meet at a right angle. Since we know that PC is perpendicular to AB by construction, ∠PCA and ∠PCB are right angles.
3) PC ≅ PC by the reflexive property congruence.
The reflexive property congruence states that any shape is congruent to itself.
4) So, triangle ACP is congruent to triangle BCP by HL, and AC ≅ BC by CPCTC (corresponding parts of congruent triangles are congruent).
CPCTC states that if two triangles are congruent, then all of the corresponding sides and angles are congruent. Since ΔACP ≡ ΔBCP, then the corresponding sides AC and BC are congruent.
5) Since PC is perpendicular to and bisects AB, P is on the perpendicular bisector of AB by the definition of the perpendicular bisector.
<span>The perpendicular bisector of a segment is a line that cuts the segment into two equal parts (bisector) and that forms with the segment a right angle (perpendicular). Any point on the perpendicular bisector has the same distance from the segment's extremities. PC has exactly the characteristics of a perpendicular bisector of AB. </span>
