3 years ago

Which equation represents the graphed function?

Mathematics

1 answer:

Tasya [4]3 years ago

6 0

Answer: y= -2x + 3

Step-by-step explanation:

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Felipe Rivera's savings account has a balance of 2163 After 3 years what will the amount of interest be at 4%

Allisa [31]

$\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$2163\\ r=rate\to 4\%\to \frac{4}{100}\dotfill &0.04\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{quarterly, thus four} \end{array}\dotfill &4\\ t=years\dotfill &3 \end{cases} \\\\\\ A=2163\left(1+\frac{0.04}{4}\right)^{4\cdot 3}\implies A=2163(1.01)^{12}\implies A\approx 2437.322540175$