Answer:
A) The annual multiplier was 1.0339; the annual increase was 0.0339 of the value.
B) 3.39% per year
C) $182,000
Step-by-step explanation:
A) Let's let t represent years since 1987. Then we can fill in the numbers and solve for r.
165000 = 100000(1 +r)^15
1.65^(1/15) = 1 +r . . . . . divide by 100,000; take the 15th root
1.03394855265 -1 = r ≈ 0.0339
The value was multiplied by about 1.0339 each year.
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B) The value increased by about 3.39% per year.
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C) S = $100,000(1.03394855265)^18 ≈ $182,000
<u>Solution-</u>
Zachary purchased a computer for 1800 on a payment plan. (Initial Money)
3 months after he bought the computer, his balance was 1350. (Money after 3 months)
Total money paid in 3 months = 1800-1350 = 450
Money paid per month = 450/3 = 150
5 months after he bought the computer, his balance was 1050.
Total spent = 1800-1050 = 750 = (5× 150)
So the equation that models the balance b after m months,
b = 1800 - m(150)
∴ Here, the slope signifies the constant monthly deduction of $150.
1,360,720,000/24,151,500=56.34%(rounded)
B) is an arithmetic sequence because you are adding by 2 each time. The other sequences don’t match this criteria.
I’m sorry I’m not sure what else to say I hope this somewhat helped :/
Have a great day :)