Step-by-step explanation:
The formula for compound interest is
P = I (1 + r/n)^nt
where
P: the total amount of money in the account after a certain amount of time
I: the principal amount
r: the interest rate as a decimal
n: the number of times a year interest is compounded
t: the number of years passed
For Patrick:
P = 200 (1 + 0.02/12)^12*8
P = 200 (1 + 0.00166667)^96
P = 200 (1.00166667)^96
P = 200 * 1.00166667^96
P = $234.67
For Brooklyn:
P = 200 (1 + 0.04/4)^4*8
P = 200 (1 + 0.01)^32
P = 200 (1.01)^32
P = 200 * 1.01^32
P = $274.99
After 8 years, Patrick has $234.67 and Brooklyn has $274.99
Answer:
98.7 cm
Step-by-step explanation:
The length in centimeters will always be 1/10 of the length in millimeters.
Answer: It would be the first equation because:
Step-by-step explanation:
In order to be an exponential function, the X
variable has to be in the exponent, that eliminates
the second and fourth answers
f(X) = 4(3)X
using the point (2,36)
f(2) = 4 (3)2
= 4 (9 )
= 36
The answer is 155 . 234-79=155 !
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