Ask your own question, for FREE!
Mathematics 22 Online
OpenStudy (anonymous):

I need someone very good at writing functions using info given to them. If a city is in debt 500 million and you pay 10% each year assuming no intrest. What function would you use to solve this?

RhondaSommer (rhondasommer):

you would put the power to however much you are paying each year

RhondaSommer (rhondasommer):

equal to the amount the city is in debt

RhondaSommer (rhondasommer):

so \[10^x=500mil\]

RhondaSommer (rhondasommer):

i believe

OpenStudy (anonymous):

ok, I do not get it. you are not paying $10 a year, how does that work?

RhondaSommer (rhondasommer):

ten percent. oh. so ten percent of 5 mil is 50 mil.

RhondaSommer (rhondasommer):

so \[50000000^x=500000000\]

OpenStudy (anonymous):

thank you

RhondaSommer (rhondasommer):

yeah :)

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!