Answer:
A
Step-by-step explanation:
Looking at the function, we have;
V(t) = 1,000(1.06)^t
Mathematically, the amount earned on an investment that offers a particular constant percentage return to a particular number of years can be written as;
V = I(1 + r)^t
where V is the value of the investment after some certain number of years
I is the initial amount invested
r is the constant percentage increase
and t is the number of years.
Let’s now re-write what we can deduce in the question.
This is;
V(t) = 1000(1 + 0.06)^t
Thus what this 0.06 represents is r which is the constant interest rate
Answer:
x= 6.6 Length of DE= 16.2
Step-by-step explanation:
I got it right on edge
Answer: $52.71
Step-by-step explanation:
Today's price= $58.63
Yesterday's price= y
Difference= $5.92
y+5.92 = 58.63
y = 58.63 - 5.92
= $52.71
