9514 1404 393
Answer:
y = 2200(1.08^t)
Step-by-step explanation:
The interest earned the first year is ...
(2376 -2200)/2200 = 0.08 = 8%
The balances the remaining years are consistent with that interest being compounded annually. An appropriate function is ...
y = 2200(1.08^t)
_____
The compound interest formula is ...
A = P(1 +r/n)^(nt) . . . . principal P earning rate r compounded n times per year for t years
Answer:
A
Step-by-step explanation:
For this you can write equations for your business and your friend's. For your's it would be y=10x-25 and for your friend's it would be y=13x-55. Now at this point you can just plug in numbers until you match up. Your answer would be 10, if you want to you can plug it in to check.
Oooh I miss these. Haven't done them since kindergarten! 24/25 would equal 0.96. 87+0.96 would get 87.96. 7/10 is 0.7 so 224+0.7=224.7. 49/50 is 0.98, so 0.98+686 is 686.98.
Answer: The variable that will be eliminated when the equations are combined after the multiplication is y.
Step-by-step explanation: Happy to help :D
