Answer:
D
Step-by-step explanation:
Answer:
Explanation:
The number of emails is multiplied by <em>4</em> every <em>9.1 weeks.</em>
Thus, since <em>Tobias initially sent the chain letter to 37 friends</em>, the number of letters will grow as per this geometric series:
Start: 37 letters
- In 2 × 9.1 weeks: 37 × (4)²
- In 3 × 9.1 weeks: 37 × (4)³
As you see, the exponent is the number of weeks divided by 9.1
Thus, if your variable is the number of weeks, t, then the exponent is t/9.1
And the exponential function, P(t) will be:
Answer:
$1,109.62
Step-by-step explanation:
Let's first compute the <em>future value FV.</em>
In order to see the rule of formation, let's see the value (in $) for the first few years
<u>End of year 0</u>
1,000
<u>End of year 1(capital + interest + new deposit)</u>
1,000*(1.09)+10
<u>End of year 2 (capital + interest + new deposit)</u>
(1,000*(1.09)+10)*1.09 +10 =
<u>End of year 3 (capital + interest + new deposit)</u>
and we can see that at the end of year 50, the future value is
The sum
is the <em>sum of a geometric sequence </em>with common ratio 1.09 and is equal to
and the future value is then
The <em>present value PV</em> is
rounded to the nearest hundredth.
Because α varies directley to β
(k = constant)
α=7 when β=2
7= 2k
k=
so when α=21
21=
b
b= 6