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notsponge [240]
4 years ago
14

Maria invested $2,000 in an account that earns 4.5% interest compounded annually the formula for compounded interest isA(t)=P(1+

i)/\t. How much did Maria have in the account after 5 years. A.12,816.47 B.10,450.00 C.2,450.00 D.2,492.36
Mathematics
1 answer:
ankoles [38]4 years ago
4 0
In the formula, P is the initial amount, i is the rate, and t is the time that has passed.  Simply plug in the values you know:

A(5) = 2000(1 + .045)^5 \\  \\ A(5) = 2000(1 .045)^5 \\  \\ A(5) = 2492.36387531 \\  \\ A(5) \approx 2492.36

Rounded to the nearest cent, Maria had $2492.36 in her account after 5 years (D).
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Answer:

Option B - graphing is the correct answer.

Step-by-step explanation:

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we know that

A relationship between two variables, x, and y, represent a direct variation if it can be expressed in the form y/x=k or y=kx

so


we have

a) for x=1 y=0.50--------> y/x=0.50/1------> 0.50

b) for x=2 y=1--------> y/x=1/2-------> 0.50

c) for x=3 y=1.50--------> y/x=1.50/3-----> 0.50

d) for x=5 y=2.50--------> y/x=2.50/5----> 0.50

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<span>the relationship forms a direct variation. </span>

the equation is

y=0.50*x


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y=0.50*(3)------> y=1.50-----> is correct


for x=5

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