Answer:
Hello! Can you give more details on how much money they already have?
Step-by-step explanation:
I'd be happy to help with more information.
Answer:
B
Step-by-step explanation:
Answer: 106.63 feet
Step-by-step explanation: how this helps :)
Y = 500(1 + r)^x; where r is the rate and x is the number of years.
500(1 + r)^2 = 551.25
(1 + r)^2 = 551.25/500 = 1.1025
1 + r = sqrt(1.1025) = 1.05
Therefore, the equation that represents y, the value of the item after x years is
y = 500(1.05)^x
Look at the attachments and those are the answer.