You take out a student loan for $80,000 with 2.75% annual interest to pay for your first year of college. This loan will cover all course fees and books. Write an exponential growth equation to model the situation. Then determine how much will money you will have to pay back for his loan when you graduate in 4 years.

Exponential growth equation would be

Amount= 80,000 (1+2.75/100) ⁴

At the end of 4 years I would have to repay an amount of $ 89,169.70

Step-by-step explanation:

Since, the amount is loaned it would vary exponentially i.e. in a compounding manner.

We know that for compound interest, the equation is written as-

Amount= principal(1+r/100) ˣ

Where r- rate of interest which is 2.75% annually

And x= time period= 4 years as in the question

Principal= $ 80,000

Therefore, Equation becomes-

Amount= 80,000(1+2.75/100) ⁴

On solving this Amount would equal $ 89,169.70

Hence, at the end of 4 years I would have to repay an amount of $ 89,169.70.

i used to know but i learned it a long time ago sorry

step-by-step explanation:

choice b is correct

step-by-step explanation:

we have been given the following system of inequalities;

we are required to graph the solution to the system of inequalities. using a graphing tool, the graph of the system is as shown in the attachment. the continuous line represents the graph of while the dotted line represents .