Answer:
Step-by-step explanation:
The equation A = d(1.005)^12t modelling the value of Daniel’s investment shows a monthly compounded interest. This means that the interest is compounded 12 times in a year.
We can confirm by inputting the given values
t = 8 years
d = 509
Therefore,
A = 500(1.005)12 × 8
A = 500(1.005)^96
A = $807.07
Therefore, the true statements are
Increases
Exponential
Never Decrease
Given :
A = 25000
P = 20000
r % = 9.6 % = 0.096
n = 12
To Find :
The time taken say t.
Solution :
We know, compound interest is given by :

Taking log both sides :

Hence, this is the required solution.
Answer:
If she walks 5 blocks and it takes 10 minutes each block takes 2 minutes to walk.
10
— = 2 So 2 minutes per block
5
Answer:
Volume A= one third
Step-by-step explanation:
Use volume B
Answer:
See below
Step-by-step explanation:
a) <u>Using the first two lines to get the equation:</u>
Since t = 0 represents a start point, the y-intercept is 163488
<u>Slope is:</u>
- (168392 - 163488)/10 = 490.4
<u>And the equation:</u>
- P(t) = 490.4(t - 1970) + 163488
b) Prediction of the population in 2012 using the function:
- P(2012) = 490.4(2012 - 1970) + 163488 = 184084.8
As we see the number we got is less than the one on the line 3 of the table. So the model underestimated the actual population.