ssophiaa
17.05.2021 •
Mathematics
DESPERATE PLEASE ANSWER FAST
(please show picture)
Use the data to create a scatter plot.
Savings Account Balance for a Given Year
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Time (years)Savings account balance ($)
1
2
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8
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Time (years)
Savings account balance ($)
1
1300
2
2500
3
3600
4
4000
5
2200
6
1800
7
3200
8
9000
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Ответ:
DESPERATE PLEASE ANSWER FAST
(please show picture)
Use the data to create a scatter plot.
Savings Account Balance for a Given Year
PointMove
UndoRedoReset
Time (years)Savings account balance ($)
1
2
3
4
5
6
7
8
9
10
200
400
600
800
1000
1200
1400
1600
1800
2000
2200
2400
2600
2800
3000
3200
3400
3600
3800
4000
4200
0
Time (years)
Savings account balance ($)
1
1300
2
2500
3
3600
4
4000
5
2200
6
1800
7
3200
8
9000
Step-by-step explanation:
DESPERATE PLEASE ANSWER FAST
(please show picture)
Use the data to create a scatter plot.
Savings Account Balance for a Given Year
PointMove
UndoRedoReset
Time (years)Savings account balance ($)
1
2
3
4
5
6
7
8
9
10
200
400
600
800
1000
1200
1400
1600
1800
2000
2200
2400
2600
2800
3000
3200
3400
3600
3800
4000
4200
0
Time (years)
Savings account balance ($)
1
1300
2
2500
3
3600
4
4000
5
2200
6
1800
7
3200
8
9000
Ответ:
9514 1404 393
A = 500
B = 1.04
49.6 years
Step-by-step explanation:
We assume your 'A' and 'B' refer to parameters in an exponential formula of the form ...
y = A·B^x
In this form, A is the initial investment value, $500. B is the growth factor, 1+4% = 1.04, assuming interest is compounded annually. We want to find x such that y=$3500.
3500 = 500·1.04^x . . . . . fill in known values
7 = 1.04^x . . . . . . . . . . . . . divide by 500
log(7) = x·log(1.04) . . . . . . take logarithms
x = log(7)/log(1.04) ≈ 49.61 . . . . divide by the coefficient of x
It will take about 49.6 years for there to be $3500 in Mrs. Williams's account.