Answer:
y=-8x-2
Step-by-step explanation:
Answer:
calulate the mean
Step-by-step explanation:
Answer:
$10350
Step-by-step explanation:
Given data
We are given that the function is
f(x) = 5,000(1.05)^x
The compound interest expression is given as
f(x) = P(1+r)^x
f(x) = 5,000(1.05)^t
the first term 5000 is the principal
the second term 1.05 is the rate
for x= 15
f(x) = 5,000(1.05)^15
f(x) = 5,000*2.07
f(x) =10350
Hence for 15 years the amount is $10350
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