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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

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Which of the following should be your top priority? (1 point
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Answer:

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4 0
2 years ago
Find the surface area plz
vladimir1956 [14]
Hi again! ;)

If we want to find the surface area of a cube, we need to find the area of one surface first, and then multiply that by 9, since there are 9 sides/surfaces on a cube.

Since each side of a square is the same, we first find the area of one surface:

9 × 9 = 81

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3 years ago
How to do this <br> y = 2x − 1<br> y = −4x − 7
rusak2 [61]

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Step-by-step explanation:

3 0
2 years ago
John is at a local bait shop; he wants to buy bait for his fishing trip. At the store, they are selling live bait for $12 a poun
Monica [59]

The system of inequalities is:  x\geq 3 and 12x+7y\leq 63

<em><u>Explanation</u></em>

Let x  be the amount of live bait and y  be the amount of natural bait.

As John would like to get at least 3 pounds of live bait, so the first inequality will be:  x\geq 3

Given that, price of live bait is $12 per pound and natural bait is $7 per pound. Also, he only has a budget of $63. That means, he can spend maximum $63

So, the cost for buying x pound of live bait =\$12x and the cost for buying y pound of natural bait =\$7y

Thus, the second inequality will be:  12x+7y\leq 63


5 0
3 years ago
What is the cubed root of 275÷7
almond37 [142]

Step-by-step explanation:

It's an irrational number.

\sqrt[3]{275:7}=\sqrt[3]{\dfrac{275}{7}}=\dfrac{\sqrt[3]{275}}{\sqrt[3]{7}}=\dfrac{\sqrt[3]{275}\cdot\sqrt[3]{7^2}}{\sqrt[3]{7}\cdot\sqrt[3]{7^2}}=\dfrac{\sqrt[3]{275\cdot49}}{\sqrt[3]{7\cdot7^2}}\\\\=\dfrac{\sqrt[3]{13475}}{\sqrt[3]{7^3}}=\dfrac{\sqrt[3]{13475}}{7}=\dfrac{1}{7}\sqrt[3]{13475}

3 0
3 years ago
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