The expression
1350
(
1.05
)
t
1350(1.05)
t
1350, left parenthesis, 1, point, 05, right parenthesis, start superscript, t, end superscript models the average wages, in dollars, in the us as a function of the number of years since
1930
19301930.
what does
1.05
1.051, point, 05 represent in this expression?

rick has $1400 and sally has $1500

step-by-step explanation:

to find amount of money rick has after 10 years :

principal = $1000 , time = 10 years , rate = 4% annually

to find amount of money sally has after 10 years :

her friend gives to pay her $50 per year, therefore money she has after 10 years = 50 × 10 = $500

also, sally gets $1000 after 10 years,

therefore, total amount of money sally has after 10 years = 500 + 1000 = $1500

so, after 10 years : rick has $1400 and sally has $1500

35-60 students are taking math.

the formula of a slope:

we have the points (-2, 7) and (2, 3). substitute: