anonymous
  • anonymous
Math Help Please ! Medals will be given !
Mathematics
  • Stacey Warren - Expert brainly.com
Hey! We 've verified this expert answer for you, click below to unlock the details :)
SOLVED
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.
schrodinger
  • schrodinger
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
anonymous
  • anonymous
the number of customers visiting a local business is 61 874 and has been continuously declining at a rate of 3.5% each year. What is the approximate number of customers in 15 years?
anonymous
  • anonymous
@wolf1728
wolf1728
  • wolf1728
Hello kayy This seems somewhat similar to the other question.

Looking for something else?

Not the answer you are looking for? Search for more explanations.

More answers

anonymous
  • anonymous
I know i know i can bearly think right now its 2 in the morning can you please help me so i can go to bed
anonymous
  • anonymous
you there @wolf1728
wolf1728
  • wolf1728
61,874 3.5% decline per year in 15 years = ?? So "growth" is .965 After 1 year = where y = 1 61,874 * .965^y = 59,708 After 15 years, 61,874 * .965^15 = 61,874 * 0.5860163055 36,259 I hope it's right
anonymous
  • anonymous
describe the relationship between compound interest and exponential growth
wolf1728
  • wolf1728
Wow I thought that was it I'd say they are the same thing
anonymous
  • anonymous
how ? i have to explain ?
wolf1728
  • wolf1728
Exponential growth is increasing an amount by a specific factor. Example If we have a bacteria colony of 50 that doubles every hour after 1 hour we have 2*50 = 100 after 2 hours 2*2*50 = 200 after 3 hours 2*2*2*50 = 400 Each time the amount increases by a factor of 2 Now for compound interest
anonymous
  • anonymous
Thank you and when you say now for compound interest do you have more ?
wolf1728
  • wolf1728
Yes The compound interest formula Total = Principal × ( 1 + Rate )^years and more if you want it
anonymous
  • anonymous
Thank you soooo much. I do need a little more help on more questions, ill let you help others then come back to me pleasee and fast.
wolf1728
  • wolf1728
Okay for compound interest let's say annual interest rate is 5% so every year the amount increases by 1.05
wolf1728
  • wolf1728
Hello kayy
wolf1728
  • wolf1728
Where are you? I'm in Boston and it is 1:45. Nova Scotia?
anonymous
  • anonymous
GA
wolf1728
  • wolf1728
Georgia?
anonymous
  • anonymous
anonymous
  • anonymous
Just 3 more questios i need help with after this one
anonymous
  • anonymous
Pleaseeee and thank you
anonymous
  • anonymous
@wolf1728
wolf1728
  • wolf1728
The answer is a) Only 3 more ????? Well you got me
anonymous
  • anonymous
Hold on one second im trying to snip it
wolf1728
  • wolf1728
Okay
anonymous
  • anonymous
anonymous
  • anonymous
@wolf1728
anonymous
  • anonymous
hello
anonymous
  • anonymous
describe how the account balance of a savings account earning simple interest is determined
wolf1728
  • wolf1728
Wow I wasted a lot of time on that one and still DON'T have an answer :-(
wolf1728
  • wolf1728
Simple Interest - I can do that
anonymous
  • anonymous
1 Attachment
wolf1728
  • wolf1728
Simple Interest is calculated on the principal and never takes the interest into account At 5% simple interest $100 0 years $105 2 years $110 3 years $115 4 years $120 5 years
anonymous
  • anonymous
The attachment above ^^
anonymous
  • anonymous
@wolf1728
wolf1728
  • wolf1728
The answer is 88
anonymous
  • anonymous
LAST ONE :)
1 Attachment
wolf1728
  • wolf1728
Hmmm that is a bit much for me Sorry :-(
anonymous
  • anonymous
Mann okay thats okay can you check 3 of my answers to see if there right & then im going to bed
anonymous
  • anonymous
@wolf1728
anonymous
  • anonymous
Hello are you there im super tired
wolf1728
  • wolf1728
I'm still here sorry for the delay

Looking for something else?

Not the answer you are looking for? Search for more explanations.