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Sauron [17]
3 years ago
11

$500 at 4% for 3 years

Mathematics
1 answer:
dimaraw [331]3 years ago
8 0
If you are trying to find the interest, it would be $60.00. To get this just multiply everything. Hope this helps!!! :)
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Answer:

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Step-by-step explanation:

we know that

In this problem we have a exponential function of the form

y=a(b)^{x}

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b ----> is the base

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b=(1-r)=1-0.15=0.85

The function is equal to

y=25,700(0.85)^{x}

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