Year 1: 500 + 0.25*500 = 500 [1 + 0.25]
Year 2: 500*[ 1 + 0.25] * [1 + 0.25] = 500 [1 + 0.25]^2
Year x: 500 [1 + 0.25]^x
Option d: A(x) = 500[1 + .25]^x, where .25 is the interest rate
The answer is 3.9 x 10^-5
I=prt
9.90=p (.06)(3)
9.90=p(.18)
9.90/.18=p.18/.18
55=p
I put in $55 into the account when I opened it.
When you add an integer and a natural number, you always get an integer.
Answer:
If x can only have one answer, then the solution is one value. If x can be all real numbers, then the solution is all real numbers. And if x doesn't have an answer then it has no solution.
Step-by-step explanation:
For example:
One value: 7 + x= 10 => x= 3
All real numbers: 0x=0 => x can be all real numbers
No solutions: 7x=6x => no solutions