Answer: Ben will have the most interest.
Step-by-step explanation:
Ali after 3 years.
To use compound interest, the formula is:
= Investment * ( 1 + rate) ^ no. of periods
= 2,000 * ( 1 + 2.5%)³
= £2,153.78
Interest = Amount after 3 years - investment
= 2,153.78 - 2,000
= £153.78
Ben after 3 years.
= 1,600 * (1 + 3.5%)³
= £1,773.95
Interest = 1,773.93 - 1,600
= £173.93
Answer:
The second and the last options.
Step-by-step explanation:
15/ 2/9 =67.5 Solve the original problem
15*2/9 =3.33333333333
15*9/2 =67.5
(15* 1/9) /2=0.833333333333333
15*9* 1/2 =67.5
The exponential function that passes through (0,2) and (3,54) is a growth function
The exponetial function is y = 2 * 3^x
<h3>How to construct the exponential function?</h3>
The points are given as:
(x,y) = (0,2) and (3,54)
An exponential function is represented as:
y = ab^x
Substitute the points in the equation
2 = ab^0 and 54 = ab^3
Solve 2 = ab^0
a = 2
Substitute 2 for a in 54 = ab^3
54 = 2b^3
Divide by 2
27 = b^3
Take the cube roots of both sides
b = 3
So, we have:
y = ab^x
This becomes
y = 2 * 3^x
Hence, the exponetial function is y = 2 * 3^x
Read more about exponential functions at:
brainly.com/question/24077767
The answer is x=13
I hope this helps!
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