The exponential function that represents the future value of the investment is $300(1.04)^t.
<h3>What is the exponential function?</h3>
The exponential function that can be used to determine the future value of the investment is:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
$300(1.04)^t.
Where t represents number of years
To learn more about future value, please check: brainly.com/question/18760477
Answer:
a = - 10
Step-by-step explanation:
Given
= - 2
a is divided by 2. The inverse operation to division is multiplication, thus
Multiply both sides by 5 to clear the fraction
a = 5 × - 2 = - 10
Answer:
b
Step-by-step explanation:
Answer:
he would end up with 3000$ in 10 years with simple interest
Step-by-step explanation:
