Future value = p × (1+ i)t

`"present value" = "p" / (1 + i)^"t"`

you want to deposit $12,000 in a bank at an interest rate of 8 percent per year. what is the future value of this money after five years?

a.
$15,315.38
b.
$17,631.94
c.
$16,830.62

Achel bought 12 rolls of packing tape and paid a total of $33.60. kevin also bought rolls of packing tape. the table shows the total amount he is paid for different numbers of packing tape. number of rolls of packing tape total amount paid 2 $6.40 5 $16.00 8 $25.60 how do the unit rates compare? select from the drop-down menus to correctly complete the statement. rachel's unit rate is than kevin's because is greater than .

What is the standard deviation of the following data set rounded to the nearest tenth? 3, 17, 18, 15, 12, 21, 9

The rate of decay of a radioactive substance depends upon the amount present initially. the mass y (mg) of the radioactive substance cobalt-60 present in a sample at time t (years) is represented by the exponential equation y=50e −0.1315 t . answer the following questions in complete sentences. 1. how does the exponential equation above compare to the equation for simple interest that is compounded continuously? explain the similarities. 2. what is the initial amount of cobalt-60 in the sample? 2. how much cobalt-60 is left after 8.4 years? show your work. 3. what would be the y-intercept of the graph? what does it represent? 4. after how many years will the amount of cobalt-60 left be 6.25 mg? explain what happens to the cobalt-60 after 50 years? 5. discuss some “real-world” examples and uses of cobalt-60