Answer:
10:35
Step-by-step explanation:
Substitute the x values back into the equation
(1, 22)
(2, 18)
(3, 14)
(6, 2)
Answer:
2.333333333
Step-by-step explanation:
divide 3 into 7 and it's is repeating
Caiden's balance after 5 years would be $831
<u>Explanation:</u>
Given:
Principal, p = $475
Rate of interest = 3.8%
time, t = 15 years
Balance after 15 years = ?
We know:

where,
n = number of compounding periods
r = rate of interest
t = number of years
Substituting the value;

Therefore, Caiden's balance after 5 years would be $831