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Vilka [71]
1 year ago
5

The function y=7500(1.08)t represents the value y of an investment after t years. What is the value of the investment after 6 ye

ars?
Mathematics
1 answer:
boyakko [2]1 year ago
4 0

Answer:

The answer is 48600, but I'm not entirely sure if it correct.

From what I know, if I were to see ¨y=7500(1.08)t¨, we could have to substitute the t with the number of years. Looking like this, ¨y=7500(1.08) x 6¨.

The reason I don know if my answer is correct or not since I don know if you have the t next to 1.08 to represent that or to simply multiply the property of it with 6 (the number of years).

So I tried...

Step-by-step explanation:


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Step-by-step explanation:

Given as :

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Let The percentage increase in salary =  X %

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Or, X  = \frac{$37,500 - $35,000}{$35,000}  × 100

Or,  X  = \frac{$2,500}{$35,000}  × 100

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Hence The percentage increase in salary of employee is 7.14 %   Answer

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Step-by-step explanation:

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(a) = 40%

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