The function h(x)=5000⋅(1.08)^x, represents a loan taken out by a college student. x represents time in years.    Is the cost of the loan increasing or decreasing as time goes on and by what percentage per year does it do so?

Q: how long will take for an investment to double in value if the interest rate 3% APR compounded…

A: We have A(t) = 2A(0) and r = 3% = 0.03

Q: The function f(t) = 85000(.92)' represents the value of your truck after t years. a) Does the…

A: We have to use properties of exponential decay function to solve the question

Q: An initial investment of $10,000 grows at 11% per year. What function rep R) - 10,000(1.11)' A) -…

A: Initial Investment f(0)=$10,000 rate r=11% per year  time = t

Q: 50/20=t/4

A:

Q: An investment grows according to the formula B = 8000 x 1.0065* dollars, where t is time, measured…

A:

Q: Suppose that $60,000 is invested at 8% interest, compounded annually. After time t, in years, it…

A: Given : Amount invested  $ 60,000             Interest rate 8%          A(t)= 60,000 (1.08)t…

Q: A deposit earns interest at a rate of r percent compounded continuously and doubles in value in 10…

A: Given that, after 10 years, the initial amount is doubles, when the rate of interest r is compounded…

Q: A country used the function M(t)=3.45(1.56)^t to estimate the inflation rate on a gallon of milk t…

A: Given: A country used the function M(t)=3.45(1.56)^t to estimate the inflation rate on a gallon of…

Q: The amount of a substance remaining (in grams) is given by the function P (t) = 1.9(.89)^t/2 where…

A:

Q: The declining-balance method of depreciation is an accounting method businesses use to deduct most…

A:

Q: What rate of interest is required to have a $5000 investment grow to $5250 in 9 months (rate to 2…

A:

Q: Lijah opened an account at Advantis Credit Union. The balance of her account after x years is…

A: The balance in the account after x years is represented by the function bx=5001.05x. a. Consider,…

Q: Suppose it has been determined that the sales at the gallery decline after the end of advertising…

A: Consider the model function for daily sales after the end of advertising campaign is S=7000-2-0.1x,…

Q: he amount of money in an investment is modeled by the function A(t) = 650(0.7969)'. The ariable A…

A: Here Given the model of money Invested A(t) = 650 (0.7969)t Here t= No of years since 2001

Q: 2=1/2 - x/10

A: Here, the equation is given: