Answer:
sorry i cant answer that one man.
Step-by-step explanation:
Answer:
b
Step-by-step explanation:
hope this helps you! have a good day!
He paid $2.66 in sales tax to find the correct answer you take 22.65-19.99 equals 2.66
I = P x R x T
I = 6000 x .04 x 2
I = $480
He will be paid $480 interest in the first two years
Answer:
A
Step-by-step explanation:
Looking at the function, we have;
V(t) = 1,000(1.06)^t
Mathematically, the amount earned on an investment that offers a particular constant percentage return to a particular number of years can be written as;
V = I(1 + r)^t
where V is the value of the investment after some certain number of years
I is the initial amount invested
r is the constant percentage increase
and t is the number of years.
Let’s now re-write what we can deduce in the question.
This is;
V(t) = 1000(1 + 0.06)^t
Thus what this 0.06 represents is r which is the constant interest rate
