Mathematics, 08.01.2022 02:30 alonnachambon
Creating an Exponential Model
In this activity, you will formulate and solve an exponential equation that models a real-world situation.
Emma doesn't have experience using credit cards. In fact, she just got her first one. She is also about to start her first year
of college. She uses her new credit card to purchase textbooks for her classes. The total comes to $300. These are the
terms of her credit card:
• It has a 15% annual interest rate.
• The interest is compounded monthly.
The card has $0 minimum payments for the first four years it is active.
The expression that models this situation is P(1 + =)", where P represents the initial, or principal, balance: r represents
the interest rate; t represents the time in years; and n represents the number of times the interest is compounded per year.
Part A
Identify the values of P, r, and n in the expression P(1+r/n)^nt based on Emma’s situation. Then substitute those values into the formula to write a simplified exponential expression in terms of time.
Replace the variables a, b, and c to write the expression.
Answers: 2
Mathematics, 21.06.2019 15:30
Match each equation with the operation you can use to solve for the variable. subtract 10. divide by 10. divide by 5. subtract 18. multiply by 10. add 18. add 10. multiply by 5. 5 = 10p arrowright p + 10 = 18 arrowright p + 18 = 5 arrowright 5p = 10 arrowright
Answers: 3
Mathematics, 21.06.2019 17:00
If f(x) = 2x - 6 and g(x) = 3x + 9, find (f - g)(x). a. (f-g)(x) = x + 15 o o b. (f- g)(x) = -x - 15 o c. (f- g)(x) = 5x + 3 o d. (f- g)(x) = -x+3 submit
Answers: 2
Mathematics, 22.06.2019 00:10
Juanita wade's new car has an msrp of $28,902.11 including title and processing fees. the premier package which includes surround sound and dvd player costs three times the amount of the in-style package which includes leather seats and select wheels. the total cost of her new car was $34,290.08 which included the 6.5% sales tax. find the cost of the premier package to the nearest cent.
Answers: 3
Creating an Exponential Model
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