1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nexus9112 [7]
1 year ago
10

Determine what type of model best fits the given situation: principal p is invested at an annual interest of rate r, compounded

k times a year for t years.
Mathematics
1 answer:
stepladder [879]1 year ago
8 0

The most appropriate model for a given situation is exponential.

<h3>What is compound interest?</h3>
  • The interest you earn on interest is known as compound interest.
  • Compound interest is a use of exponential functions. A specific sum is added to the account balance each time money is invested (or lent out). Interest is the amount of money that is added to the balance. The sum will continue to accrue interest after that interest has been added during the subsequent compounding period.
  • In the settings of investments and savings, compound interest is used. A = P(1 + RT) is the formula for simple interest. The next section contains a definition of the variables. This indicates that the account value is the sum of the initial investment amount multiplied by one and the rate multiplied by the time.

The most appropriate model for a given situation is exponential.

To learn more about compound interest, refer to:

brainly.com/question/24924853

#SPJ4

You might be interested in
Simplify the polynomial 3x^2+5x-5x^2-4x+5-2
zepelin [54]
Hope this helps tried to color code it

7 0
3 years ago
What is 3x=4+7 that. Is. My. Question
Crank
X = 11/3 this answer is finding x in this problem
8 0
3 years ago
Read 2 more answers
Evaluate-3/5 - (-2/7)
stepan [7]
Exact form: 31/35
0.8857142~
5 0
3 years ago
Read 2 more answers
Find the sum of 4x^3+2x^2-4x+3 and 7x^3-4x^2+7x+8
Alchen [17]

The sum means addition.

Add  the like terms together.

4x^3+2x^2-4x+3

+ 7x^3-4x^2+7x+8

4x^3 + 7x^3 = 11x^3

2x^2 + -4x^2 = -2x^2

-4x +7x = 3x

3 +8 = 11

The answer is : 11x^3 - 2x^2 + 3x + 11

4 0
3 years ago
Read 2 more answers
PLease help me i will give brainliest
Feliz [49]
B is correct the devotion is only 2 compared to 4.

A is wrong because variate A has higher trees then variate B
C is wrong because deviation for A is 4 compared to 2 ( opposite of B)
D is wrong because 4th one is 10 for A and 13 for B. 10 is not greater than 13
7 0
2 years ago
Other questions:
  • Juan, who is single, is a self-employed carpenter as well as an employee of Frame It, Inc. His self-employment net income is $33
    7·1 answer
  • Convert 24/3 to a decimal
    9·1 answer
  • Ur so worth it...ok now enough about u...help plz
    15·1 answer
  • Which ratio is same as 2/3
    14·1 answer
  • I need help asap thank you
    8·1 answer
  • Use intercepts to graph the line described by the equation.<br><br> 2y = −10x − 20
    5·2 answers
  • Write the equation of the linear relationship in slope-intercept form, using decimals as needed.
    5·2 answers
  • 11.44 plus O.7 eqalls
    7·2 answers
  • What are the x- and y-intercepts of the line shown below?
    15·2 answers
  • an office manager purchased 39 boxes of pens for the staff. each box contains 6 black pens and 4 blacks pens. Use the distribute
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!