Help numbers 3 pleaaaaaassssseeee
2 answers:
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This is a problem that deals with exponential growth and the formula for exponential rate problems is: 
, where a= principal amount, b = rate, and t = time.
Let's substitute the corresponding values into its appropriate places: the starting amount is $4,400, the rate is 0.065 but we need to add an 1 because it's an exponential growth problem so it would be 1.065, and the time is 3 years.
Now solve:
[tex]y = $4,400(1.065)^3[tex]
Answer: $5314.98
Let's substitute the corresponding values into its appropriate places: the starting amount is $4,400, the rate is 0.065 but we need to add an 1 because it's an exponential growth problem so it would be 1.065, and the time is 3 years.
Now solve:
[tex]y = $4,400(1.065)^3[tex]
Answer: $5314.98