Given
Initial balance 1800
Annual rate 0.05
Y the value of mutual fund
X time in years
The equation models the value of the mutual fund is
Y=1800 (1+0.05)^x
Y=1800 (1.05)^x...answer
Hope it helps!
"Annual" means "year" while "semiannual" means "half a year". If the interest is compounded semiannually, then the interest is compounded twice a year (every half year or every 6 months).
So the final answer is choice B) 2
0.02785. Sksksiskksisisisisosiwisisisi
Answer:
B
Step-by-step explanation:
5(t - 1) = 5t - 5
B, 5t + (-5)
+ and - make -
5t - 5
It's incorrect. There are 6 moles of NaBr produced for every 3 moles of Na₂S among the reactants (as well as 2 moles of FeBr₃), so the mole ratio of NaBr to Na₂S should be 2 : 1, not 1 : 1.