Exam (elaborations)
ALGEBRA BTS EXAM QUESTIONS & ANSWERS 2024/2025
- Course
- Institution
ALGEBRA BTS EXAM QUESTIONS & ANSWERS 2024/2025
[Show more]
Content preview
ALGEBRA BTS EXAM QUESTIONS &ANSWERS 2024/2025
Formula for Compound interest - ANSWERSP(t)=p(1+R)^t
Formula for simple interest - ANSWERSP(t)=P +(P ⋅ r)t
Nam deposits $500 into a simple interest account. The interest is 3%. Write a function that represents
the balance in the account as the function of time t. - ANSWERSP(t)=500+15t
Carmen deposits $1,000 into a simple interest account The interest rate is 4%. Write a function that
represents the balance in the account as a function of time t. - ANSWERSP(t)=1,000+40t
Vance deposits $1500 into a simple interest account. The interest rate is 5.5%. Write a function that
represents the balance in the account as a function of time t. - ANSWERSP(t)=1500+82.5t
Wisher deposits $500 into a simple interest account. The interest rate for the account is 3.75%. The
function P(t)=500+18.75t represent the balance in the account as a function of time. Determine the
account balance after each given number of years:
2 years 15 years
10years - ANSWERS2 years= $537.50
15 years=$781.25
10 years= $687.50
Write a FUNCTION that represents each population as a function of time. Bts world has a population of
7,000. Its population is increasing at a rate of 1.4% - ANSWERSP(t)=7,000 ⋅ (1+1.014)^t
Compound interest formula is used when.. - ANSWERSThe balance or population is increased or
decreased
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Bensuda. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
80796 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now