Rhonda started a business. Her business made $30,000 in profits the first year. Her annual profits have increased by an average 5% each year since then.


A) Write an iterative rule to model the sequence formed by profits of Rhonda’s business each year.


B) Use the rule to determine the annual profits of Rhonda’s business can be predicted to be 15 years from the start of her business. Round your answer to the nearest dollar. Do not round until the end, show your work.

Answers

Answer 1

Using an exponential function, it is found that:

a) The model is: [tex]A(t) = 30000(1.05)^t[/tex]

b) Her predicted profit is of $62,368.

An increasing exponential function is modeled by:

[tex]A(t) = A(0)(1 + r)^t[/tex]

In which:

A(0) is the initial value.r is the growth rate.

Item a:

$30,000 in profits on the first year, hence [tex]A(0) = 30000[/tex].Grows 5% each year, hnce [tex]r = 0.05[/tex]

Then:

[tex]A(t) = A(0)(1 + r)^t[/tex]

[tex]A(t) = 30000(1 + 0.05)^t[/tex]

[tex]A(t) = 30000(1.05)^t[/tex]

Item b:

[tex]A(15) = 30000(1.05)^{15} = 62368[/tex]

Her predicted profit is of $62,368.

For more on exponential functions, you can check https://brainly.com/question/25537936


Related Questions

Help me pleasee asap !!

Answers

Answer:

F = 110°

I'm not sure, but since no one answered, here it goes...

Step-by-step explanation:

∵ FD = FE (Given in Diagram)

∴ ΔDFE is isosceles , ∴m∠E = m∠D

1 ) 3x  +  14  =  5x

   14  =  5x  -  3x

   14  =  2x

   14 / 2  =  x

   7  =  x  

m∠E = 3*7 + 14 = 35°

m∠D = 5*7 = 35°

m∠F = 180 - (35+35)

m∠F = 110°

Find the value of x

A. 56° B. 66° C. 809 D. 130°​

Answers

Answer:

B.66

hope this helps you!!

can anyone help me if so Ty no file answers please.

Answers

Answer:

I think the error in Cynthia's answer is when she multiplied

Step-by-step explanation:

-2x(x^2 - 3) here

It should be = -2x^2 + 4x^2 - 2

How many whole groups can you fit into 51?

Answers

Step-by-step explanation:

in one group 17members

in second group 17members

in third group 17members

Hope it helps ohh God! please make your question a little easier so the other person can understand what you mean to say/ask when we read.

???????????????????plz

Answers

Answer:

right right

Step-by-step explanation:

what is the correct answer?!!

Answers

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

PLEASE HELP will give 40 points

Answers

Answer:

Here are your 3 answers!  Hope this helps please mark brainliest! Thanks :)

Step-by-step explanation:

11. X=10

12.X=-9

13.X=7

Answer:

The first one x = 10.

The second one x = -9

The third one x = 7

Step-by-step explanation:

Use properties to evaluate (-25) HIS O A. – 15 5 O B. 5 C. - OC. 15 O D. 1​

Answers

Answer:

-15/4

Step-by-step explanation:

Answer: Its - 15/4 or 05/12 but the person above me is correct

Step-by-step explanation:

Which graphs represent functions with the following key features?
- positive on (-∞, ∞)
- increasing on (-∞, ∞)
- approaches 0 as x approaches -∞

Answers:
• Graph U
• Graph V
• Graph W
• Graph X
• Graph Y
• Graph Z

Answers

i think it would be graph U and graph x !! :)

24+18a=
help i can not get the answer

Answers

That is the simplest version. Unless you meant 24+18a=0. I assume you meant = 0. So, let’s subtract 24 on both sides. 18a = -24. Then let’s divide by 18 on both sides to get the answer, b = 3/4. Unless you didn’t mean the 0 there, the sneers is in simplest form then.

Pls only help if you know the correct answer! Thanks!! :))

Answers

Answer:

The answer is 19.95$

Step-by-step explanation:

With the price being 3.50 per gallon

and irene had filled her car with 5.7 gallons

5.7 + 3.50 = 19.95$

what is 4 - (-10) equal too? explain in your own words and why so

Answers

Answer:

14

Step-by-step explanation:

When there are 2 -, they both create a +. the brackets are removed and you get 4--10, which is equal to 4+10 which = 14

If angle pqr is isosceles, what is the measure of angle Q?

Answers

The think answer is 68

The angles opposite to equal sides in the isosceles triangle will be the same thus the measure of angle Q will be 68°.

What is a triangle?

A triangle is a closed, 2-dimensional shape with 3 sides, 3 angles, and 3 vertices.

In a triangle, the sum of all three angles is 180°

Triangle is a very common figure to deal with our daily life for example in our daily life to measure the height of any tower then there is a huge application of the right angle triangle.

As per the given isosceles triangle.

The angles opposite to equal sides in the isosceles triangle will be the same.

Thus, m∠P -= m∠Q

5x + 8 = 9x - 40

9x - 5x = 8 + 40

4x = 48

x = 12°

Thus, m∠Q = 9(12) - 40 = 68°.

Hence "The angles opposite to equal sides in the isosceles triangle will be the same thus the measure of angle Q will be 68°".

For more information about triangles,

https://brainly.com/question/2773823

#SPJ2

share 5,000 in the ratio of 1:2:3:4​

Answers

Answer:

500 : 1000 : 1500 : 2000

Step-by-step explanation:

sum the parts of the ratio , 1 + 2 + 3 + 4 = 10 parts

Divide the amount by 10 to find the value of one part of the ratio

5000 ÷ 10 = 500 ← value of 1 part of the ratio , then

2 parts = 2 × 500 = 1000

3 parts = 3 × 500 = 1500

4 parts = 4 × 500 = 2000

5000 = 500 : 1000 : 1500 : 2000 in the ratio 1 : 2 : 3 : 4

Total
1:2:3:4 10
500:1000:1500:2000 5000

Steps:

1+2+3+4=10
5000 divided by 10= 500
500x1=500
500x2=1000
500x3=1500
500x4=2000

So the final answer is

500:1000:1500:2000

Can someone please help me with this? I'm so lost :(((
An octahedral die is thrown. The faces are numbered 1 to 8. What is the probability that the number is thrown is:
An even number:
A multiple of 3:
A multiple of 4:
No a multiple of 4:
Less than 4:

Answers

Answer:

An even number: 1/2, A multiple of 3: 1/4, A multiple of 4: 1/4, Not a multiple of 4: 3/4, Less then 4: 3/8

Step-by-step explanation:

Since there are eight faces all you have to do is take the number that answers the question and put it over eight.

JELLY BEANS A large jar contains B blue Jelly beans and R red jelly beans. A bag of 100 red and 100 blue jelly beans is added to the jar. What is the ratio of red to blue jelly beans in the Jar?


PLEASE HELP ME. Would very much appreciate it ​

Answers

Answer:

100:100

Step-by-step explanation:

100 reds and 100 blues are in there

8+w/4 when w is 16
plz answer it for me plzzz

Answers

Answer:

8+w/4 Putting w = 168+16/4(32+16)/4= 48/4= 12

Step-by-step explanation:

If you like my answer than please mark me brainliest thanks

What is the solution to 1/2 |x| = -3
Options:

x = -6

x = -6 or x = 6

x = -6 or x = 2

No solutions exist.

Answers

Answer:

No solution

Step-by-step explanation:

multiplying both sides by 2 gives |x|=-6 but an absolute value can't be negative so there are no solutions

see more at: https://www.khanacademy.org/math/cc-sixth-grade-math/cc-6th-negative-number-topic/cc-6th-absolute-value/a/intro-to-absolute-value

57 multiplied 2794?
IXL question

Answers

Ok the answer is 159,258

Trust Officer Megan is the trust officer for an estate. If she
invests $15,000 into an account that carries an interest rate
of 8% compounded monthly, how long will it be until the
account has a value of $45,000 for Megan's client?
a

Answers

Answer:

????????

Step-by-step explanation:

i don't know if I can help with the subject line

For each of the solutions of the equations find two consecutive integers between
which the solution is located :
x²=3

Answers

Answer:

0 and 1

Step-by-step explanation:

x² = 3

take the square root of both sides

x = {-√3, √3}

x ≈ {-1.73, 1.75}

Two consecutive integers between 1.73 and 1.75

0 and 1

A high school teacher teaches three classes per day. Her first class has double the number of students as her
second class, while her third class has 5 more students than her second class. In total, she teaches 65 students.
The equation 2x + x + (x + 5) = 65 represents this scenario, where x is the number of students in her
second class.
How many students are in her second class?

Answers

Answer: 15 students in her second class.

Step-by-step explanation:

Let A, B, and C stand for the number of students in each class. See the attached table.

The column labelled "Students" is formed by assinging B to the second class and finding how the other two classes relate to B. Class A has twice as many students as class B, so A = 2B. Class C has 5 more students than B, so C = B+5.

The total students amount to 65, whcih is the sum of A, B, and C:

A + B + C = 65

Substitute the values of A and C into this equation:

A + B + C = 65

2B + B + (B+5) = 65

4B + 5 = 65

4B = 60

B = 16

Use B=16 and solve for the other two classes (dotted blue line).

what is the interest $5,200 at 4% for 3 years

Answers

Answer:

$624

Step-by-step explanation:

I =Prt I being interest paid, P is Principal, r is rate, t is term

I =5200x.04x3

I=624

Find the measures of angles x and y in the figure.

Answers

Answer:

x = y = 60°

Step-by-step explanation:

The angle adjacent to 120° inside the triangle is

180° - 120° = 60°

The triangle is isosceles ( 2 congruent legs ) with the 2 base angles being congruent , then

y = 60°

The vertex of the triangle = 180° - (60 + 60)° = 180° - 120° = 60°

x is vertically opposite the vertex and is congruent , so

x = 60°

Find the 75th term of the following arithmetic sequence.
2, 8, 14, 20,
..

Answers

Answer:

The 75th term is 446

Step-by-step explanation:

Using the explict formula you get an=6n-4

you plug in 75 for n which means 75 x 6 =450 and the subtract four which gets you 446

Answer:

446 is the 75th term

Step-by-step explanation:

This sequence increases by 6

2 8 14 20 26 32 38 44 50 56 62 68 74 80 86 92 98 104 110 116 122 128 134 140 146 152 158 164 170 176 182 188 194 200 206 212 218 224 230 236 242 248 254 260 266 272 278 284 290 296 302 308 314 320 326 332 338 344 350 356 362 368 374 380 386 392 398 404 410 416 422 428 434 440 446

Ms. Suzuki is buying soda for the pizza party her class earned. She estimates that each of her
24 students will drink 250 milliliters of soda on average. How many 2-liter bottles of soda
should she buy?

Answers

Answer: 3

Step-by-step explanation:

There are 24 students

1 student = 250 ml

24 students = 250ml x 24

= 6000 ml

To convert from millilitres to litres, divide by 1000

6000ml = 6000/1000l = 6 litres

2litres = 1 bottle

6 litres = 6/2 = 3 bottles

Therefore, she will need 3 2-litre bottles of soda

Answer:

The answer is 3

Step-by-step explanation:

Shanti wrote the predicted values for a data set using the line of best fit y = 2. 55x â€" 3. 15. She computed two of the residual values. A 4-column table with 4 rows. The first column is labeled x with entries 1, 2, 3, 4. The second column is labeled given with entries negative 0. 7, 2. 3, 4. 1, 7. 2. The third column is labeled predicted with entries negative 0. 6, 1. 95, 4. 5, 7. 2. The fourth column is labeled residual with entries negative 1, 0. 35, a, b. What are the values of a and b?.

Answers

The residual column is given by the difference between the given values

and the values from the fitted line.

The values of a and b are; a = -0.4 and b = 0.18

Reasons:

The line of best fit equation is; y = 2.55·x - 3.15

The 4-column table is presented s follows;

[tex]\begin{tabular}{|c|c|c|c|}\underline{x}&\underline{Given}&\underline{Predicted}&\underline{Residual}\\1&-0.7&-0.6&-0.1\\2&2.3&1.95&0.35\\3&4.1&4.5&a\\4&7.2&7.02&b\end{array}\right][/tex]

Required:

The values of a and b

Solution;

The residual is given by the difference between actually observed value and the predicted value

RESID = [tex]\mathbf{y_i}[/tex] - [tex]\mathbf{x_i}[/tex]·b

Where;

[tex]y_i[/tex] = The given value at point i

[tex]x_i[/tex]·b = The predicted value at point i

Therefore;

At x = 1, the residual = -0.7 - (-0.6) = -0.1

At x = 2, the residual = 2.3 - 1.95 = 0.35

At x = 3, the residual = a = 4.1 - 4.5 = -0.4

Therefore;

a = -0.4

At x = 4, the residual = b = 7.2 - 7.02 = 0.18

Therefore;

b = 0.18

Learn more about line of best fit here:

https://brainly.com/question/1504320

2×5, plz help, need is really bad

Answers

Answer:10

Step-by-step explanation:

Answer:

10

Step-by-step explanation:

2×5=10

Hope this helps :)

Complete the inequality statement.

1 1/2 ft ___ 16 in.

A. >

B. <

C. =

Answers

Answer:

a.>

Step-by-step explanation:

because :-

11/2 ft= 5.5 ft

5.5ft =66 in so 66in>16in

What’s 568 divided by 7

Answers

81.14


568 divided by 7 = 81.14
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