Exponential
The first year, he would earn 8% interest on the $400 deposited, so he'd have $432. The next year, he would earn 8% interest on the interest earned the previous year in addition to the amount deposited, so he'd have $466.56.
His bank balance would follow the compound interest equation which is exponential.
= 400 × 1.08^t
where t is the number of years since the deposit
2+2=4 2 X 2 = 4 2 X 3 = 6
The red arrows show that the lines are parallel, but using the stuff given you can make an equation.
its hard to explain without drawing but starting from the 60 if you can make a Z you will get alternate angles and that mean that the given equation MUST be equal to 60. So,
8x-4=60
8x=60+4
8x=64
x=64/8
x=8 (is your answer)
hope you understand
Answer:
$6488.19
Step-by-step explanation:
To solve this problem we use the compounded interest formula:
a = $2600(1+(0.0675/1))¹*¹⁴
a = $6488.19
Answer:
i need more info. that part dont help. if you took pic of the sentence they gv you that would be easier to work with.
Step-by-step explanation:
