15. Annual sales for a surf shop are $130,000
and are increasing at a rate of 7% per year; 7 years
find the Function and the
Value after 7 years

Answers

Answer 1

Answer:

[tex]P(7)=\$208,752[/tex]

Step-by-step explanation:

Exponential Growth

The natural growth of some magnitudes can be modeled by the equation:

[tex]P(t)=P_o(1+r)^t[/tex]

Where P(t) is the actual amount of the magnitude, Po is its initial amount, r is the growth rate and t is the time.

It's given the annual sales for a surf shop are Po=$130,000. They are increasing at a rate of r=7% = 0.07 per year. Substituting values, the function is:

[tex]P(t)=\$130,000(1+0.07)^t[/tex]

[tex]\boxed{P(t)=\$130,000(1.07)^t}[/tex]

The value of the function after t=7 years is

[tex]P(7)=\$130,000(1.07)^7[/tex]

Computing:

[tex]P(7)=\$130,000*1.6058[/tex]

[tex]\mathbf{P(7)=\$208,752}[/tex]


Related Questions

Please help me I don’t understand

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X°5

Step-by-step explanation:

-3,-12,-48,-192
Is this sequence arithmetic yes or no ?
First person to answer gets brainliest

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Answer:

Yes, Considering They Are all Negative, Or if Its Wrong then, It would Be No, Because They might Be Negitive but, They Done Count By the Same Number, My Answer Would be Yes.

Step-by-step explanation:

18-
3. Your family is planning to take the Amtrak train from Hartford to New York City for a day trip. As a result
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Answer: 67.37 for adult 45.91 for child

Step-by-step explanation:

The temperature on Saturday was 6 1/2°C. On Sunday, it became 3 3/4°C colder. What was the temperature on Sunday?

Answers

Answer:

2 3/4

Step-by-step explanation:

6 1/2 - 3 3/4 is the same as 6.5-3.75 = 2.75 or 2 3/4

Factor the expression
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Answers

Answer:

(c + 7) ( c - 9)

Step-by-step explanation:

Answer:

(c + 7)(c - 9)

Step-by-step explanation:

1+1=2 2+2=4 4+4=8 8+8=

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Answer:

Use a caculator?

Step-by-step explanation:

What is the probability he will roll a 5?

Answers

Answer:

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Step-by-step explanation:

angle A and angle B are supplementary angles. If m angle A = (2x + 26)° and m
angle B = (x + 25)°, then find the measure of angle B.


x=43

Answers

Answer:

m angle B = 68°

Step-by-step explanation:

Since they are supplementary, they add up to 180°

(2x+26) + (x+25) = 180

add like terms together

3x+26+25=180

simplify the left side

3x+51=180

subtract 51 from both sides

3x=129

divide both sides by 3

x=43

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(43)+25

68

60% of 15 is what answer

Answers

The correct answer is 9. :)

Answer:9

Step-by-step explanation:

Think of it this way:

If 15=100%

then x= 60%

So what you do is you multply 60 times 15 and divide it by 100 to give you the answer of 9. To me this is the simplest way to do it, I believe it’s called butterfly multiplying. You cross multiply and then you divide.

f(x) = -4x^2 – 7x + 4
Find f(-7)

Answers

Answer:

-143

Step-by-step explanation:

you plug -7 in the x variables

-4(-7)^2-7(-7)+4 = -143

Find the amount of interest owned for a $1,895 loan for 4 years at a 7.9% interest rate

Answers

Answer:

principal (p)=$1895

time (t)=4years

rate(r)=7.9%

Step-by-step explanation:

compound interest amount=p((1+r/100)^t-1)=$1895((1+7.9/100)^4-1)=$1895×((1.355)-1)=$1895×(0.355)=$672.725simple interest=ptr/100=$1895×4×7.9/100=$598.82

Answer:

$598.82

yw:) jdbviusdbwsbndj

7) A store has a sale for 10% off. You decide to buy a $17 DVD.
A) How much money will you save?
1
I
B) How much money will you spend on the DVD?

Answers

Answer:

a) $15.30

b) $32.30

Step-by-step explanation:

a) 0.10 x $17.00 = $1.7

$17.00 - $1.7 = $15.30

You will save $15.30 on the DVD

b) $15.30 + $17.00 = $32.30

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B. 17.00-1.70= 15.30
You will spend $15.30 on the DVD.

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Answers

Answer:

5.333

Step-by-step explanation:

18n=40
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Answers

Answer:

n = 40/18

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Step-by-step explanation:

Kevin went to the nursery and bought a 5 ft tall tree. After planting the tree, Kevin made a table to record the
height, h, of the tree, t years after it was planted. Verbally describe the relationship between h and t.
t 0 1 2 3 4
h 5 6 7 8 9

3. By using the table in question 2, write an equation to illustrate the relationship between the height of the tree
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Answers

Answer:

h=y+5

Step-by-step explanation:

dont be mad, im not sure

Right answer will get brainlist.

Answers

Answer:

645π/2

Brainlist please :)

-(7-9)z-6z=8(-6+2) solve for z
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Answers

Answer:

(-(7-9))(z)-6z= 8(-6+2)

Simplify

-(-2)(z) -6z =8(-6+2)

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2z+-6z =-32

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Step-by-step explanation:

ANYONE HELP PLEASE<3

Answers

Answer:

y = (2/3)x + 7

Step-by-step explanation:

Slope intercept form is y = mx +b

1) We start off with y =

2) m = slope. Since we know that the slope is 2/3 we can plug it in. y = 2/3x

3) b is y-intercept which = 7.

Put it all together: y = 2/3 x + 7

The answer is

y = 2/3x +7

Hope this helped!

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Answers

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Answers

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Step-by-step explanation:

Answer:

the answer is 40 square units

Step-by-step explanation:

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Answers

Answer: you do the length times width

Step-by-step explanation:

Answer:

"At this rate" for me usually will be some sort of dividing



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Write your answer in simplest form.

Answers

Answer:

The slope is 0.

I think that is how you put it in simplest form

Congruen Figures lyures Which figure is congruent to the given figure? Will give brainliest ​

Answers

Answer: Its the rectangle thats going upwards not flat.

Step-by-step explanation:

Answer: The rectangle at the very top and the one at the bottom are congruent.

Step-by-step explanation: REMEMBER YALL: congruent means the same( in geometry)

//Give thanks if helpful :)//

Describe the rule for the rotation.

How to answer:
____ degrees _________(clockwise or counterclockwise)

Answers

Answer:

Step-by-step explanation:

If you draw a line from the origin (0,0) to L ( the original point ) and a different line from the origin to the image L' you can see the angle of rotation as being

90 degrees and that the rotation is clockwise.  

the rule is (x, y) become ( y, -x)

3. Use the equation to answer the following question. 3x2 + 7x - 20 = 0 What are the solutions of the equation?

A. X = 5 and x = 4 3
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C. X = and x = -5 3 5
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Hmmm I got u I know somebody that can help you really good I have to get them right now I’m

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Answers

I say if there are only 8 boys that leaves 28 girls there is a probability that it may be a boy but the chances would be low.

An oval running track is 1/5 mile long. Elena runs on this track, completing each lap in 1/20 of an hour. What is Elena's running speed? (in miles per hour)


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Answers

Answer:

5 miles per hour

Step-by-step explanation:

the answer is 5 miles per hour, sorry if I am wrong.

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Answers

Answer:

x=6

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Step-by-step explanation:

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x=6

--------

b=2x6+114

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Plz help.
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Answers

Step-by-step explanation:

If cats are 10 and dogs are 4 means cats are 6 more than dogs means 4+6 = 10

so 5-6 = -1

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hope it's helpful ❤❤❤❤❤❤

THANK YOU.

#

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