Answer:
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Step-by-step explanation:
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,
For a survey like this, you want to take a random sample. It would be a good idea to use an alphabetical list of the students. Then, you could randomly select students from the list.
The principal would want to avoid surveying all the same type of students. For example, don't just ask the athletes.
