The model y = 500(1.035)^x, indicates the value of an investment, where x is the number of whole years. What's the growth factor (the ratio from one year to the next)?

Answers

Answer 1

Answer: Given:
model y = 500(1.035)^x is the value of the an investment after x years.

the growth factor of this model is 1.035

Let us assume that x = 3 and x = 2

y = 500(1.035)² = 500 (1.07) = 535
y = 500(1.035)³ = 500 (1.11) = 555

growth factor = 555 / 535 = 1.037 or 1.035

Related Questions

Robert wants to install windows in a bus barn to improve the airflow in the summer months. If Robert makes his own screens, he can save money. To have screen material to fold over the window frame, Robert needs to cut 5 1/2 foot by 5 1/2 foot squares. The back wall by the offices requires four windows. For a good cross-flow of air, Robert will build five windows on each of the other two walls of the barn. How many square inches of screen will be needed for all of the windows?Im helping my younger brother with his home work.
Joel earns $1,700 per month. If he spends $425 on rent each month, what percent of his income does he spend on rent? A. 331/3% B. 25% C. 20% D. 40%
Find the geometric mean of 125 and 5..
Plz help !!!!!!!!!! If correct I will give brainiest
Simplify -3 (n - 7) using the distributiveproperty

2-90 Frieda Friendly works for a local car dealership. She noticed that 343434
of the cars are sedans and that half of them are white. What fraction of the dealership’s cars are white sedans?

A. Use a unit rectangle to represent this situation. Label the parts carefully. (Complete in your notebook.)

B. Write an equation or a sentence that describes the situation, and answer the question. (Complete in your notebook.)

Write your answer from part (b) as a decimal and as a percent.

PLEASE ISTG IM CRYING OVER THIS QUESTION- I'LL MARK BRAINLIEST!!!!!!

Answers

Do B hope this helps

Inequality word problem

7 less than -2 times a number X is greater than or equal to 41

Answers

less than means minus so 7 less than means -7

-2 times a number x means -2 times x or -2x

is greater than or equal to means >

41=41

so
-7+-2x>41
-2x-7>41
add 7 to both sides
-2x>48
divide both sides by -2
remember to flip sign since divided by negative
x<-96

This is an isosceles triangle z=?

Answers

Answer:

Z = 75°

Step-by-step explanation:

Z is equal to 75°

hope that will help you

Z = 75 degrees as it is isosceles triangle

What is the area of the triangle when a=14 and c=50 what is b?

Answers

No answer is possible.
Without the picture ... or a detailed explanation ...
it's not possible to tell what 'b' is.

B is 116. The area of any triangle should equal 180. So you add 14 plus 50 to get 64 and then you subtract 180 minus 64 and get 116. Got it?

Solve the equation 19 − x = 27
x = 8
x = 18
x = 46
x = -8

Answers

x = -8.
subtract 19.
-X = 8
divide by -1.
X = -8

Suppose ∠A and ∠B are complementary angles, m∠A = (3x + 5)°, andm∠B = (2x – 15)°. Solve for x and then find m∠A and m∠B.

Answers

m∠A + m∠B = 90
(3x + 5) + (2x - 15) = 90
(3x + 2x) + (5 - 15) = 90
5x - 10 = 90
+ 10 + 10
5x = 100
5 5
x = 20

m∠A = 3x + 5
m∠A = 3(20) + 5
m∠A = 60 + 5
m∠A = 65

m∠B = 2x - 15
m∠B = 2(20) - 15
m∠B = 40 - 15
m∠B = 25

m∠A + m∠B = 90

$(3x + 5) + (2x - 15) = 90$

$(3x + 2x) + (5 - 15) = 90$

$5x - 10 = 90$

$5x - 10 +10 = 90+10$

$5x = 100$

$5x/5 = 100/5$ $Divide \ both \ sides \ by \ 5$

$x = 20$    $Solutions$

m∠A = $3x + 5$    $(x=20)$

m∠A = $3(20) + 5$ $Substitute \ x \ for \ 20$

m∠A = $60 + 5$    $Simplify$

m∠A = $65$

m∠B = $2x - 15$

m∠B = $2(20) - 15$

m∠B = $40 - 15$

m∠B = $25$

Other Questions

One hundred times the quantity eight plus nine

Line JK passes through points J(–3, 11) and K(1, –3). What is the equation of line JK in standard form?

Oil consumption is increasing at a rate of 1.8% per year. by what factor will oil consumption increase inn 6 years? Use the approximate doubling time formula (rule of 70)

9,277,414 The 7 in the thousands place is _____ the value of the 7 in the ten thousands place A. 10x B. 100x C. 1/10 D.1/100 E. 1/1000