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Nesterboy [21]
3 years ago
7

Determine the models that could represent a compound interest account that is growing exponentially.

Mathematics
1 answer:
horrorfan [7]3 years ago
8 0

Answer:A(t)= 2,675(1.003)12t

A(t)=4170(1.04)t

A(t)=5750(1.0024)2t

Step-by-step explanation:Exponential growth is also called growth percentage.

It is calculated using 100% of the original amount plus the growth rate . Example if the amount grows by 5% yearly.5%=0.05

It is written thus(1+0.005)=1.05.

It is usually written in decimal.

The formular for compound interest that is growing exponentially is written as

A=P (1 + i)^N

Looking at the 5 A(t) equations,only 3 of it are growing exponentially.

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Multiply the bracket by 5

I used PEMDAS

P= parenthesis

E= exponents

M=multiplication

D= division

A= addition

S= subtraction

7r+2= 5(r-4)

7r+2= 5r-20

Move 5r to the left hand side . Positive 5r changes to negative 5r

7r-5r+2= 5r-5r-20

2r+2=- 20

2r+2-2= -20-2

Move positive 2 to the right hand side. Changes to negative -2

2r+2-2= -20-2

2r= -22

Divide by 2 for 2r and -22

2r/2= -22/2

r= -11

Answer is r= -11

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Answer:

<em>Answer</em><em> </em><em>is</em><em> </em><em>16x</em><em>^</em><em>4</em>

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<em>HAVE A NICE DAY</em><em>!</em>

<em>THANKS FOR GIVING ME THE OPPORTUNITY</em><em> </em><em>TO ANSWER YOUR QUESTION</em><em>. </em>

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