9514 1404 393
Answer:
f(x) = -1/2·10^x
Step-by-step explanation:
The y-intercept is -1/2.
The common ratio is (-1/20)/(-1/200) = 10, so the exponential function can be written as ...
f(x) = -1/2·10^x
There will have to be 5 because of the 4
Answer:
The exact interest on $5,870 at 12% is $410.9
Step-by-step explanation:
From the information provided we know that
Principal amount: $5,870
Interest rate: 12% -> 0.12
Time: 7 months (From June to December)
When you know the principal amount, the rate, and the time, the amount of interest can be calculated by using the formula:

where P is principal, r is the rate of interest and t is the time in years.
We need to convert the 7 months into 1 year.

Now we can use the above formula

Therefore the exact interest on $5,870 at 12% is $410.9
Answer:
326.6
Step-by-step explanation: