Answer:
I believe it is the first choice
Step-by-step explanation:
As the x-values go to positive infinity, the function's
values go to negative infinity is the answer because the x-valures are in the first coordinate which is positive but the functions is going negative because of the line in the 3rd coordinate.
I tried my best, i hope you get it correct.
Please let me know if this is correct or not, if not i will edit my answer.
Please mark brainliest :)
Answer:
A
Step-by-step explanation:
Answer:
Interest earned= $200
Step-by-step explanation:
Giving the following information:
Initial investment= $20,000
Interest rate= 3%
Inflation rate= 2%
First, we need to calculate the real interest rate. <u>The inflation rate decreases the value of money through time. We need to deduct from the interest rate, the inflation rate.</u>
Real interest rate= 0.03 - 0.02= 0.01
<u>Now, we can calculate the interest earned in year 1:</u>
Interest earned= PV*(1+i)^n - PV
Interest earned= 20,000*(1.01^1) - 20,000
Interest earned= $200
The best estimate is 17/60 .
