Answer:
Step-by-step explanation:
Using the formula for the growth of investment:
.....[1]
where,
A is the amount after t year
P is the Principal
r is the growth rate in decimal
As per the statement:
Scott invests $1000 at a bank that offers 6% compounded annually.
⇒P = $1000 and r = 6% = 0.06
substitute these in [1] we get;
⇒
Therefore, an equation to model the growth of the investment is,
Answer:
37.5
Step-by-step explanation:
because if you calculte percent = to 37.5 that is why it sis the correct answer
Answer:

Step-by-step explanation:
Answer:
Point S is your answer.
Step-by-step explanation:
See how all of them are rays, but they all connect at point S.
Point S is your answer.