Y = 500(1 + r)^x; where r is the rate and x is the number of years.
500(1 + r)^2 = 551.25
(1 + r)^2 = 551.25/500 = 1.1025
1 + r = sqrt(1.1025) = 1.05
Therefore, the equation that represents y, the value of the item after x years is
y = 500(1.05)^x
Answer:
11.8294Step-by-step explanation:
Answer:
13c+6-2
Explanation:
You combine the amount of cs with each other.
2 tenths and 4 hundreds because if u combine then it would be 420 where as the first one would be 240
