Step-by-step explanation:
step 1. let's call the amount of money A, the initial amount P, the yearly rate r, the number of compounds per year n.
step 2. A = P(1 + r/n)^(nt)
step 3. A = 1600(1 + .03/12)^((12)(5)
step 4. A = 1600(1.0025)^(60)
step 5. A = $1858.59
it will be 31,995 but we have to estimate yo the nearest cent so 10 cents
Answer:
It’s not allowing me to place done the work but the answer is 8 sorry!
Answer:
The estimated Rabbit population by the year 2036 is 32,309 rabbits
Step-by-step explanation:
In this question, we are expected to use the exponential decay function to estimate population of rabbits in a certain year.
An exponential decay function refers to an equation that estimates the value of a parameter(dependent parameter) at a certain value of the independent parameter given that the independent parameter decreases at a certain constant rate.
Firstly, what we need to do is to write the decay function. To do this, we shall be representing the population by variable P, the rate by r , the number of years by t and the initial population by I
Mathematically, we have the decay function as;
P = I(1-r)^t
From the question, we identify these values as;
P = 144,000 : r = 7.2% = 7.2/100 = 0.072, I = 144,00 and t = 2036-2016 = 20 years
Let's plug these values;
P = 144,000(1-0.072)^20
P = 144,000(0.928)^20
P= 32,309
Answer:
y = - 3x -11
Step-by-step explanation:
(x₁ , y₁) = (-2 , -5) & m = -3
y - y₁ = m (x - x₁)
y - [-5] = (-3)(x -[-2])
y + 5 = (-3)(x + 2)
y + 5 = -3x - 6
y = -3x - 6 - 5
y = - 3x -11
