A]
Exponential function is given by the form:
y=a(b)ˣ
where:
a=initial value
b=growth factor
From the question:
a=$8000, b=1.015,
thus the exponential growth function of this situation is:
y=8000(1.015)ˣ
b] The value of the collection after 7 years will be:
x=7 years
Using the formula:
y=8000(1.015)ˣ
plugging the values we get:
y=8000(1.015)⁷
y=8,878.76
Answer: $8,878.76
Answer:
Option 1: It is better for him to be paid per catch, starting with 1 cent and doubling with each catch up to 110
Explanation:
If Jason were to be paid per catch given that he makes a total of 110 catches for the 2017 season in his new contract, he would make a total of :
0.01 × 2^109 = $6.4903711e+30(calculator result, means 6 then 30 digits after)
Therefore it is better for Jason to be paid per catch and not a flat fee of $2000000
Answer:
3 1/2 hours
Step-by-step explanation:
This is a problem in units conversion. We want to get from bags to hours by way of minutes per bag. One bag takes an effort of 2/3 person·minute, so we need to divide the total effort by the number of persons and convert minutes to hours.
(1575 bags)×(2/3 person·min/bag)/(5 person)/(60 min/h)
= (1575)(2/3)(1/5)(1/60) h = 3.5
It will take the 5 of them about 3 1/2 hours to prepare 1575 bags.
