The profit for a company this year was $100,000. Each year the profit increases at a rate of 1.2% per
year. Which function shows the company's profit as a function of time in years?
a. f(t) = 100,000 0.012^t
b. f(t) = 100,000(1 + 1.2)^t
c. f(t) = 100,000(1 + 0.012)^t
d. f(t) = 100,000 - 1.2^t

Answers

Answer 1

Given:

Initial profit = $100,000

Increasing rate of profit = 1.2%

To find:

The function that shows the company's profit as a function of time in years.

Solution:

The exponential growth model is defined as:

[tex]f(t)=a(1+r)^t[/tex]

Where, a is the initial value, b is the growth rate and t is the time period.

Putting a=100,000 and r=0.012, we get

[tex]f(t)=100,000(1+0.012)^t[/tex]

Where, t is the number of years.

Therefore, the correct option is c.


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Jen opens a bank account with a deposit of $100. Over six years, the balance in the account changes at an increasing rate until it reaches a balance of $200. On your paper, sketch a graph that models the balance in the account as a function of the number of years since Jen opened the account. Describe your graph.

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Answers

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a diagram that represents the variation of a variable in comparison with that of one or more other variables.

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https://brainly.com/question/15165011?referrer=searchResults

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Answers

Answer:

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Step-by-step explanation:

The probability that a child chosen at random from the class likes math but not history is 14/29  or 0.4827.

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Step-by-step explanation:

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Answer:

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General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

BracketsParenthesisExponentsMultiplicationDivisionAdditionSubtractionLeft to Right

Equality Properties

Multiplication Property of EqualityDivision Property of EqualityAddition Property of EqualitySubtraction Property of Equality

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Terms/Coefficients

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Answer

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Answers

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