Answer:
Suppose that a couple invested $50,000 in an account when their child was born, to prepare for the child's college education. If the average interest rate is 4.4% compounded annually, ( A ) Give an exponential model for the situation, and ( B ) Will the money be doubled by the time the child turns 18 years old?
( A ) First picture signifies the growth of money per year.
( B ) Yes, the money will be doubled as it's maturity would be $108,537.29.
a = p(1 + \frac{r}{n} ) {}^{nt}a=p(1+
n
r
)
nt
a = 50.000.00(1 + \frac{0.044}{1} ) {}^{(1)(18)}a=50.000.00(1+
1
0.044
)
(1)(18)
a = 50.000.00(1 + 0.044) {}^{(1)(18)}a=50.000.00(1+0.044)
(1)(18)
a = 50.000.00(1.044) {}^{(18)}a=50.000.00(1.044)
(18)
50,000.00 ( 2.17074583287910578440507440 it did not round off as the exact decimal is needed.
a = 108.537.29a=108.537.29
Step-by-step explanation:
Hope This Help you!!
Go to 32 questions at random, buy some gas there, take the data and boom, you got an answer.
They are variables they can equal anything. it is just an example of two different fractions who's numbers are unknown.
Since we know that there are exactly 180 degrees in any triangle, and if each angle is equal to 45 degrees, we must add 45 to 45 and then subtract the result from 180 to find the 3rd angle. Since 45+45=90,we subtract 180-90 and get 90 degrees or a right angle.
Answer:
option 2
in the first equation y is greater than so it would be shaded above the line and in the second equation y is less than so it would be shaded below the line
Step-by-step explanation:
