Answer:
$121.51
Step-by-step explanation:
At 18.7%, the monthly multiplier is 1+.187/12, so for the year, James' balance is multiplied by (1+.187/12)^12 ≈ 1.2038899
At 12.5%, the monthly multiplier is 1+.125/12, so for the year, James' balance is multiplied by (1+.125/12)^12 ≈ 1.1324161
The difference in these multipliers is ...
1.2038899 -1.13241605 = 0.0714739
so James' savings is ...
$1700 × 0.0714739 ≈ $121.51
Answer:
it is coordinates not any eqation
Step-by-step explanation:
Population are always modeled by exponential growth equation given by:
f(x)=a(1+b)^t
where:
a=original number
b=rate of growth
t=time
thus
f(x)=412(1.05)^t
the population after 9 months will be:
f(9)=412(1.05)^9=639.15=639
By definition of percentages, we conclude that Montraie has 10 coins saved in his box that come from a collection with a total of 50 coins.
<h3>How to calculate the quantity of coins in a collection</h3>
In this question we know the quantity of coins in a box and such coins are part of the <em>coin</em> collection. By definition of percentage we have the <em>total</em> quantity of coins in the collection:
x = 10*(100/20)
x = 50
By definition of percentages, we conclude that Montraie has 10 coins saved in his box that come from a collection with a total of 50 coins.
To learn more on percentages: brainly.com/question/13450942
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B should be the only correct answer.
