Holly deposited $10,000 in an investment account. After 6 years the account is worth approximately $13,400. Which formula repres ents the value of the account after t years?
2 answers:
Answer: C
Step-by-step explanation: The solution is V = 10,000(1.05)t. Plugging 6 in for t yields a value of approximately $13,400.
For this question you need to use the formula: y=p(1+r)^t. P is the principle, or the starting amount, $10,000, r is the rate of growth or decay, and t is the number of years. y=10,000(1.05)^x
You might be interested in
Answer:
A: y = -2x + 2
B: 1100
Step-by-step explanation:
Only one cause it takes 180 degrees<span> to make a triangle so all you do is add it up</span>
Answer:
i have no idea sorry =(
Step-by-step explanation:
Answer:
108
Step-by-step explanation:
Answer:
hey one point goes through (-1.5,0) and( 0,3)
Step-by-step explanation:
Hope this helps
pls put brainliest
