Mike has a bank account whose balance is represented by A(t)=10,000*3.138^t. Where t is in years. Write the function so it reflects the monthly rate of interest . Around the nearest percent

Answers

Answer 1

9514 1404 393

Answer:

  A(m) = 10000×1.10^m; 10% monthly interest

Step-by-step explanation:

If t is the time in years and m is the corresponding time in months, then we have ...

  m = 12t

  t = m/12

So, the balance is ...

  A(t) = 10000×3.138^t

  A(m) = 10000×3.138^(m/12) = 10000×(3.138^(1/12))^m

  A(m) = 10000×1.10^m

The monthly interest rate is 10%.

_____

The monthly growth factor 1.10 is 1 more than the monthly growth rate.

  growth rate = growth factor -1 = 1.10 -1 = 0.10 = 10%.


Related Questions

GUYS PLEASE HELP ALMOST DUE

Answers

Answer:

1/5

Step-by-step explanation:

y = 12

12 = 1/5 x 60

12= 12

y = 9

9 = 1/5 x 45

9 = 9

and so on and it always results to one fifth

medical research team is conducting a study to determine whether there is a relationships between aerobic walking and cholesterol levels. A random sample of 315 subjects is selected and represented in the table below. Test the claim that walking and cholesterol levels are related. Include appropriate statistical evidence to support your findings.

Answers

Answer:

Chi-Square and Linearization ... A random sample of 315 subjects is selected and represented in the table below. ... claim that aerobic walking and cholesterol levels are related.

If f(x)
2x + 3, find f(-2)

Answers

Answer:

2x+3

f(-2)=:2x+3

2(-2)+3

-4+3

= -1

If y varies directly as x, which equation represents when x = 36 and y = 12?

Answers

Answer:

y=3x

Step-by-step explanation:


Find the first term and the common ratio of the following geometric
sequence: 8, 16, 32, ...

Answers

Answer:

The first term is 8

The common ratio is 2, because the ratio of 8:16 is 1:2 and the ratio of 16:32 is 1:2

Step-by-step explanation:

Answer:

The common ratio of the following geometric sequence is x2 everytime.

Select the correct answer.
Which statement best defines the term principal?
OA.
It is an arrangement in which you buy now and pay later.
ов.
It is the annual rate of interest a bank charges for a loan.
OC.
It is the original amount of money the bank loans the borrower.
Help me plz

Answers

Answer:

C

Step-by-step explanation:

the bank loans the borrower

hope it help

A radioactive substance decays to 30% of its original mass in 15 months. Determine the half-life of this radioactive substance to the nearest tenth. Show your work.

please help

Answers

Answer:

The half-life of this radioactive substance is of 8.6 months.

Step-by-step explanation:

Exponential decay of an amount:

The equation that models an amount after t units of time, subject to exponential decay, is given by:

[tex]A(t) = A(0)(1-r)^t[/tex]

In which A(0) is the initial amount and r is the decay rate, as a decimal.

A radioactive substance decays to 30% of its original mass in 15 months.

This means that [tex]A(15) = 0.3A(0)[/tex]. We use this to find 1 - r.

[tex]A(t) = A(0)(1-r)^t[/tex]

[tex]0.3A(0) = A(0)(1-r)^{15}[/tex]

[tex](1-r)^{15} = 0.3[/tex]

[tex]\sqrt[15]{(1-r)^{15}} = \sqrt[15]{0.3}[/tex]

[tex]1 - r = (0.3)^{\frac{1}{15}}[/tex]

[tex]1 - r = 0.9229[/tex]

So

[tex]A(t) = A(0)(0.9229)^t[/tex]

Determine the half-life of this radioactive substance to the nearest tenth.

This is t for which A(t) = 0.5A(0). So

[tex]A(t) = A(0)(0.9229)^t[/tex]

[tex]0.5A(0) = A(0)(0.9229)^t[/tex]

[tex](0.9229)^t = 0.5[/tex]

[tex]\log{(0.9229)^t} = \log{0.5}[/tex]

[tex]t\log{0.9229} = \log{0.5}[/tex]

[tex]t = \frac{\log{0.5}}{\log{0.9229}}[/tex]

[tex]t = 8.6[/tex]

The half-life of this radioactive substance is of 8.6 months.

The radius of a circle is 18 millimeters. What is the circle's area?

Answers

Area = π × ( radius )^2

Area = π × ( 18 )^2

Area = π × 324

Area = 324 π mm^2

A line passes through the point (8,-4) and has a slope of 5/4

Answers

Answer:

y = 5/4x - 14

Step-by-step explanation:

Given:

Passes through (8, -4)

Slope (m) = 5/4

Slope-intercept equation:

y - y1 = m(x - x1)

y - (-4) = 5/4(x - 8)

y + 4 = 5/4x - 10

y = 5/4x - 14

What are the coordinates of the foci of the conic section shown below?

Answers

Answer:

((y + 2) ^ 2)/25 - ((x - 3) ^ 2)/4 = 1 O A. ( (3, - 2 plus/minus sqrt(21)) B. (3, - 2 plus/minus sqrt(29)) O B. O c. D . (3 plus/minus sqrt(21), - 2); (3 plus/minus sqrt(29), - 2)

The foci of the hyperbola will be (3, -2 + √29) and (3, -2 - √29). Then the correct option is B.

What is a hyperbola?

The hyperbola is the locus of a point such that the difference of distance from point P to two non-movable points. These two points are called foci of hyperbola.

The hyperbolic equation is given as,

(y - k)² /a² - (x - h)² /b² = 1

Then the foci of the hyperbola are given as,

(h, k + c) and (h, k - c)

The equation of the hyperbola is given below.

(y + 2)² /25 - (x - 3)² / 4 = 1

Compare the equations, then we have

(h, k) = (3, -2)

a² = 25

b² = 4

Then the value of 'c' is given as,

c² = a² + b²

c² = 25 + 4

c² = 29

c = √29

Then the foci of the hyperbola will be (3, -2 + √29) and (3, -2 - √29). Then the correct option is B.

More about the hyperbola link is given below.

https://brainly.com/question/12919612

#SPJ2

What is the volume of the given cone ?

Answers

Answer:

235.619 is my answer since I have done V = (pi) radius squared and height/3

Step-by-step explanation:

the answer would be B

outside the court ard is 120 m“, find the width of the path.
A square garden has an area of 441 m². If the path of uniform width surrounding inside the
garden is 216 m², find the width of the path.

Answers

Answer:

Area of a square garden = 2, 500 m².

Length of the side of the garden =  √2,500 = 50 m.

Width of the path = 2.5 m.

Path is inside the garden.

Width of the garden that is inside (enclosed) by the path:

        50 - 2 * 2.5 = 45 m.

Length of the garden inside by the path :  = 45 m.

So the area of garden inside the path = 45 * 45 m²

     = 2, 025 m².

Area of the path = 2, 500 - 2, 025  

    = 475 m².

Cost of laying the path = Rs 25 /m² * 475 m²

   = Rs 11, 875.

Step-by-step explanation:

Pls help, answer within 5 minutes

Answers

Answer: I thin it’s Opposite of 2

Step-by-step explanation:

Answer:

The distance between A and D

Step-by-step explanation:

when it is |-2| (in the box) it changes to 2

-1/5 and +7 equals two

Answers

what is the question?? because this equation is false?

Find the radian measure of 120 degrees.

Answers

Answer:

The radian :

[tex] \frac{2\pi}{3} [/tex]

What is 0.325 written as a percent?

Answers

Answer:

32.5%

Step-by-step explanation:

Answer:

32.5

Step-by-step explanation:

divided by 100 to get percentage

A clothing vendor estimates that 78 out of every 100 of its online customers do not live within 50 miles of one of its physical stores. Using this estimate, what is the probability that a randomly selected online customer does not live within 50 miles of a physical store? .78 .50 .28 .22

Answers

Answer:

[tex]p' = 0.22[/tex]

Step-by-step explanation:

Given

[tex]p = \frac{78}{100}[/tex]

Required

Probability that a [tex]customer[/tex] does [tex]not[/tex] live [tex]within[/tex] [tex]50[/tex] miles

To do this, we make use of complement rule;

Which states that:

[tex]p + p' = 1[/tex]

Make p' the subject

[tex]p' = 1 - p[/tex]

So, we have:

[tex]p' = 1 - \frac{78}{100}[/tex]

Express fraction as decimal

[tex]p' = 1 - 0.78[/tex]

[tex]p' = 0.22[/tex]

How to find circumference

Answers


To calculate the circumference of a circle, multiply the diameter of the circle with π (pi). The circumference can also be calculated by multiplying 2×radius with pi (π=3.14). c=2πr

Please help me find x and y

Answers

Answer:

x = 33

y = 5

Step-by-step explanation:

Line BD splits AC in half so y is also 5Since the triangles are congruent (is known because of the congruence lines) and you know two angles you can find x57+90=147 and 180-147= 33 which is x

find the quotient of -75 divided (-15)

Answers

Answer:

5

Step-by-step explanation:

-75 divided (-15) = 5

the answer is 5. -75 divided by -15 equals 5

An artist buys a square canvas with a side length of 2.5 feet. What is the area of the canvas. Please help im on a test ;)

Answers

Answer:

The area of the canvas must be 30 feet.

Step-by-step explanation:

Does y= x represent a function

Answers

This is read as “y is a function of x.” The letter x represents the input value, or independent variable. The letter y, or f(x), represents the output value, or dependent variable. Use function notation to represent a function whose input is the name of a month and output is the number of days in that month.

Fill in the missing values for this sequence of numbers.

Identify the start value and operation.

92, 110, ___, 146, ___, ___

Answers

92, 110, 128, 146, 164, 182. ✅

[tex]\large\mathfrak{{\pmb{\underline{\red{Step-by-step\:explanation}}{\orange{:}}}}}[/tex]

[tex]92,110,128,146,164,182 \\ ➵ \: 92 + 18 = 110 \\ ➵ \: 110 + 18 = 128 \\ ➵ \: 128 + 18 = 146 \\ ➵146 + 18 = 164 \\ ➵ \: 164 + 18 = 182[/tex]

[tex]\large\mathfrak{{\pmb{\underline{\orange{Happy\:learning }}{\orange{.}}}}}[/tex]

Can anyone help me find the function for this trig graph ? i need a specific answer for the function , 50 pts

Answers

Answer:

y = 5 sin (2x) + 4

Step-by-step explanation:

this is sines function,

the amplitude is [9 - (-1)]/2 = 10/2 = 5

the period is 2πx/π = 2x

the x-axis of actual function is at y = 4

so, the function is :

y = 5 sin (2x) + 4

A landowner wants to find the distance d across a pond. The two overlapping right triangles are similar . Using the measurements shown , what is d?

Answers

Answer:

96 m

Step-by-step explanation:

It is given that the two overlapping triangles are similar in the figure.

The landowner wishes to find the distance across the pond. The distance is d.

From the figure, since the two triangles are similar, therefore we can write :

[tex]$\frac{d}{(24+40)}=\frac{60}{40}$[/tex]

[tex]$\frac{d}{64}=\frac{60}{40}$[/tex]

[tex]$d = \frac{60}{40} \times 64$[/tex]

[tex]$d = \frac{6}{4} \times 64$[/tex]

d = 6 x 16

  = 96 m

Therefore, the distance across the pond is d = 96 m

The text book store sold a combined total of 326 history and chemistry textbooks in a week. The number of chemistry textbooks sold was 86 less than the number of history textbooks sold. How many textbooks of each type was sold?

Answers

Answer:

The sentence

"The Number of Chem textbooks sold is 86 less than the number of History textbooks"

This seems to be the confusing part.

Now look at it this way...

'If CHM text is 86 less than History text... It also means that History Text is 86 More than CHM'

This expression can be written as

Let History Text be "H"

Let CHM text be "C"

C - 86 = H

or

C=H + 86.......1

First line of this question is interpreted thus

H + C = 326.......2

From eqn 1... C=H+86

Substitute into Eqn 2

H + C=326

H + (H+86)=326

H+H=326-86

2H=240

H=240/2

H=120.

C=H+86

C=120+86

C=206.

This answer is correct... Why?

The key statement says .. The Number of CHM sold is 86 less than History...

Also interpreted as

The Number of CHM – 86 = History

206 - 86 =120.

Have a great day!!!

Suppose we want to choose 5 letters without replacement from 16 distinct letters

Answers

Answer:

16P5

Step-by-step explanation:

16*15*14*13*12

Please solve fast. I will give Brainleist or whatever it’s called

Answers

Answer:

84in

Step-by-step explanation:

84in

The odds of winning a contest are approximately 5:1476. How many winners are there likely to be if there are 50000 participants?

Answers

i think it might be 295

Answer:

Approximately 169

Step-by-step explanation:

Set up as fractions and use cross multiplilcation to solve for the unknown.

These are our fractions from the information we are given; the winners represent the numerators (and x is the unknown, becuase we don't yet know how many winners there will be with 50000 participants). Note that the denominator on the first fraction is (1476 + 5) because we want it to represent TOTAL amount of particpants in the ratio:

[tex]\frac{5}{1481} = \frac{x}{50000}[/tex]

Now cross multiply by multiplying numerators and denominators that are ACROSS from each other, so 5 * 50000 and 1481 * x; now we have:

250000 = 1481x

Now to isolate x (to know its value) we need to divide both sides by 1481, and we are left with:

168.8 = x

But I rounded up to 169.

Find the missing coordinate to complete the ordered-pair solution to the given linear equation.
y=8x + 2
(a) (0, ?)
(b) (3,?)

Answers

Answer:

(a) (0, 2)

(b) (3, 26)

Step-by-step explanation:

y = 8x + 2

(a) x = 0, y = 8(0) + 2 = 2

(b) x = 3, y = 8(3) + 2 = 24 + 2 = 26

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