Help with a few word problems
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Help with a few word problems

[From: ] [author: ] [Date: 11-10-29] [Hit: ]
95)^x represent the buying power of $20,000 with an inflation rate of 5% per year, where x represents the number of years.Using the equation, predict the purchasing power of $20,000 in ten years.......
I am in great need of help. D:


7. Let y=20,000(0.95)^x represent the buying power of $20,000 with an inflation rate of 5% per year, where x represents the number of years.  Using the equation, predict the purchasing power of $20,000 in ten years.
A. $14,560
B. $10,255
C. $11,975
D. $12,635

8. The number of farms in a certain area can be represented by the equation, y = 85,000(0.95)^x, where x represents the number of years after 1990. What was the number of farms in 1990 (x = 0)?
A. 95,000 farms
B. 85,000 farms
C. 80,750 farms
D. 100,000 farms

10. Mark is in training for a marathon race.  He has been training by running 10 miles each day.  He will be increasing his running by this weekly formula: 7=10(1.1)^x .  Using the formula, what distance, in miles, will Mark be running in 10 weeks?  Round to the nearest mile.
A. 18 miles
B. 20 miles
C. 24 miles
D. 26 miles

12. You invest an initial $100 in an account that has an annual interest rate of 3%, compounded quarterly. How much money will you have in the account after 20 years?
A. $181.80
B. $150.05
C. $116.12
D. $1,064.09

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7. Let y=20,000(0.95)^(10)*********** represent the buying power of $20,000 with an inflation rate of 5% per year, where x represents the number of years. Using the equation, predict the purchasing power of $20,000 in ten years.
A. $14,560
B. $10,255
C. $11,975 *******ANSWER
D. $12,635

8. The number of farms in a certain area can be represented by the equation, y = 85,000(0.95)^X, where x represents the number of years after 1990. What was the number of farms in 1990 (x = 0)?

A. 95,000 farms
B. 85,000 farms****************answer
C. 80,750 farms
D. 100,000 farms

10. Mark is in training for a marathon race. He has been training by running 10 miles each day. He will be increasing his running by this weekly formula: 7=10(1.1)^10********** . Using the formula, what distance, in miles, will Mark be running in 10 weeks? Round to the nearest mile.
A. 18 miles
B. 20 miles
C. 24 miles
D. 26 miles ************answer

12. You invest an initial $100 in an account that has an annual interest rate of 3%, compounded quarterly. How much money will you have in the account after 20 years?

A = 100(1 + .03/4)^(4*20)

A. $181.80*********ANSWER
B. $150.05
C. $116.12
D. $1,064.09


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