Holly deposited $10,000 in an investment account. After 6 years the account is worth approximately $13,400. Which formula repres
ents the value of the account after t years?
1 answer:
A=p(1+r)^t
13400=10000(1+r)^6
Solve to find the interest rate
r=((13,400÷10,000)^(1÷6)−1)×100
r=4.99%=5%
You might be interested in
A shape with 4 equal sides.
F(-x) = 2/-x/ + 3(-x) = 2/x/ - 3x;
Answer:
1.42 x 105
Step-by-step explanation:
Answer:
All you have to do is combine the like terms. Once you do that you get: -4x+3y=-11
Since 1/2 is one half, the rise must be half of the run, meaning that the rise would be 25.
