Answer:
See the attachment below.
Step-by-step explanation:
Best Regards!
Answer:
[351]
Step-by-step explanation:
114 + 3 = 117. 117 x 3 = 351.
Analyzing the given values and the given equation, we have the following:
A = $25,000
r = 0.11
t = 6
The equation has the form:
y = A (1-r)^t
Plugging in the given values into the equation,
y = $25,000 (1 - 0.11)^6
y = $25,000 (0.89)^6
Therefore, the answer is
A. y=25,000(.89)^6
Answer:
$159
Step-by-step explanation:
we know that
The equation of a exponential growth function is equal to

where
y is the balance in the saving account
x is the number of years
a is the initial amount
r is the percent rate of change
we have

substitute


For x= 1 year
substitute
