HELP ME PLZ!!!! I'll do ANYTHING!!!
2 answers:
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What you can do for this case is graph the data in a computer program, for example, excel and look for the trend line of the function.
For this case, the function has a logarithmic behavior, therefore, we choose a linear logarithmic trend.
The function that best suits the problem is:
y = 1.4004ln (x) + 0.2158
The value of R ^ 2 indicates the accuracy of the function
R² = 0.9691
For R ^ 2 = 1 the function is completely accurate.
We note that in that case R² = 0.9691, the function chosen has a good approximation.
For this case, the function has a logarithmic behavior, therefore, we choose a linear logarithmic trend.
The function that best suits the problem is:
y = 1.4004ln (x) + 0.2158
The value of R ^ 2 indicates the accuracy of the function
R² = 0.9691
For R ^ 2 = 1 the function is completely accurate.
We note that in that case R² = 0.9691, the function chosen has a good approximation.
Answer:
92.727
Step-by-step explanation:
The formula for compound interest is , where P is the principal amount, i is the interest rate and t is the time. Sub your values into this formula to find your answer.
1000((1+0.03)³-1)
1000(1.03³-1)
1000(1.092727-1)
92.727
1000(0.092727)