The rent for an apartment was $6,600 per year in 2012. if the rent increased at a rate of 4% each year thereafter, use an exponential equation to find the rent in 2017

$8,029.91

Step-by-step explanation:

You have to use the exponential growth equation:

A=P(1+r)^t

Where A is the final amount, P is the initial amount, r is the rate of increase, and t is the time in years. So:

A=6,600(1+0.04)^5

(The rate has to be changed into a decimal)

Then, just plug this equation into a calculator (without the A= part, so just 6,600(1+0.04)^5) and you'll get the answer.

why can't you?

step-by-step explanation:

1. 3.4/4

2. 0.8/7

3. 0.5 x 3

4. 0.9 x 6

5. 10.8

6. 2.35

7. 0.567

8. 9.35

9. 0.02

10. 0.06

11. 0.16

12. 0.42

13. 0.63

14. 5.6

15. 8.1

16. 9.9

17. 0.28

18. 0.48

19. 0.27

20. 0.49

21. 0.45

22. 0.72

23. 0.9

24. 0.88

25. 0.75

26. 0.16

27. 0.328

28. 0.495

29. 0.72

30. 1.068