vanessa invested $2,500 into an account that will increase in value by 3.5% each year. Write an exponential function to model th
is situation,then find the value of the investment after 20 years
1 answer:
Answer: (i) A = 2500 (
(ii) A =$ 4,974.47
Step-by-step explanation:'
The exponential function is given as :
A = P
Where :
A = amount
P = principal
r = rate %
n = number of years
substituting , the exponential function to model the situation becomes
A = 2500 (
(ii) when n = 20 , the Amount becomes
A = 2500(
A =$ 4,974.47
You might be interested in
Answer:
Answer:
Yes it can
Step-by-step explanation: i just did the test and i got that right
Answer:
That is already solved
<u><em>It can't be simplified!</em></u>
35/7=5, so 5 regular sodas