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Answer:
true
Step-by-step explanation:
We assume you intend your function to be ...
A logarithm with a base less than 1 is a decreasing curve. Here, the base appears to be 0.5, a value less than 1. Hence the curve is decreasing.
The final amount of the compound interest after 6 years would be $ 294, 122, 500
<h3>How to determine the final amount</h3>
The formula for the final amount is given as;
Where
A = final amount
P = principal interest
r = interest rate
n = number of times
t = time of periods
We have,
A =
A =
A = ×
A =$
Thus, the final amount of the compound interest after 6 years would be $ 294, 122, 500
Learn more about compound interest here:
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