Destinyyyy
  • Destinyyyy
Bit of help with Exponential Functions. Last 4 problems some with multiple parts.
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.
jamiebookeater
  • jamiebookeater
I got my questions answered at brainly.com in under 10 minutes. Go to brainly.com now for free help!
Destinyyyy
  • Destinyyyy
1 Attachment
anonymous
  • anonymous
i think its C
Destinyyyy
  • Destinyyyy
What? Its not multiple choice. Did you even read the question?

Looking for something else?

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

More answers

Destinyyyy
  • Destinyyyy
@johnweldon1993 @Nnesha
Nnesha
  • Nnesha
P=principal amount (starting amount ) r= interest rate ( we need in decimal form so first divide 6 by 100) t =years (time ) n= number of compounding period ( times per year) compounded semiannually = n= 2 ( 2 times in a year) compounded quarterly =n= 4 ( 4 times per year) compounded monthly n=12 (12 months in a year) compounded continuously =n=1
Destinyyyy
  • Destinyyyy
Yes I figured out that top part. Thank you for the second half of information. I didnt know all that.
Destinyyyy
  • Destinyyyy
I have all the information set up as the equation but im not sure where im suppose to start at.
Destinyyyy
  • Destinyyyy
A= 25,000 (1+ 0.06 over 2) ^2*7
Nnesha
  • Nnesha
PEMDAS rule first solve parentheses then exponent 3rd) multiply/add
Nnesha
  • Nnesha
\[\rm A=2500(\color{ReD}{1+\frac{0.06}{2}})^{2*7}\] divide 0.06/2 = 0.03 \[\rm A=2500(\color{ReD}{1+ 0.03})^{2*7}\] now just add one and then exponent
Destinyyyy
  • Destinyyyy
1.03...
Nnesha
  • Nnesha
ye \[\rm A=2500(\color{ReD}{1.03})^{2*7}\] and 2 times 7 =14 \[\rm A=2500(\color{ReD}{1.03})^{14}\]
Destinyyyy
  • Destinyyyy
Okay.. I got 37814.74312 ..
Nnesha
  • Nnesha
it's 25000** my bad
Nnesha
  • Nnesha
correct round it nearest cent
Destinyyyy
  • Destinyyyy
um 37814.7 ?
Destinyyyy
  • Destinyyyy
When I did 1.51 *25000 I got 37750 .. So which is the correct answer?
Nnesha
  • Nnesha
(1.03)^14 = 1.512589 so if you round it hundredth and thousandth place 1.5126 times 25000= you will get 37815 something
Nnesha
  • Nnesha
i will directly type all of this into the calculator \[\rm A=25000(\color{ReD}{1+\frac{0.06}{2}})^{2*7}\]
Destinyyyy
  • Destinyyyy
Its saying 37814.7 is not the correct answer.
Nnesha
  • Nnesha
round nearest cent** in other words round nearest hundredth
Nnesha
  • Nnesha
|dw:1446507852632:dw| circle the hundreth place and then look at the next number if it's 5 or above 5 then round number on hundred place one unit up
Nnesha
  • Nnesha
|dw:1446507962702:dw| 3 isn't greater than 5 so leave it as 4
Nnesha
  • Nnesha
3814.74
Destinyyyy
  • Destinyyyy
Okay.. Is it 37814.74 or 3814.74?
Nnesha
  • Nnesha
37* ofc
Destinyyyy
  • Destinyyyy
Okay!
Nnesha
  • Nnesha
alright i think now you can solve rest of em i have to go now....
Destinyyyy
  • Destinyyyy
Its correct. Thank you.. Yes I believe I can thanks.
Nnesha
  • Nnesha
np :=)) just remember that's how we pay dollar.cents ^always going to be 2 digit example $2.04

Looking for something else?

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