Y = -2x + 9 Y = 4× - 3
2 answers:
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Answer:
It takes 75 years for the investment to quadruple in value
Step-by-step explanation:
Simple Interest
This is a simple interest problem.
The simple interest formula is given by:
In which E is the amount of interest earned, P is the principal(the initial amount of money), I is the interest rate(yearly, as a decimal) and t is the time.
After t years, the total amount of money is:
In this question:
4% simple interest per year, so I = 0.04.
Quadruple:
t when T = 4P.
The interest earned is:
Now we find the time.
It takes 75 years for the investment to quadruple in value
Answer:
Step-by-step explanation:
According to the problem, the hot-air ballon and the wind are movind in the same direction, which means the component form of the velocity of the ballon is the net vector between both velocities.
Basically, the net velocity is
Because both velocities have the same direction.
Assuming they are moving in a horizontal direction, the component of this velocity is