Answer:
$104.70
Step-by-step explanation:
The equation would be set up like this: 80.45 + 20.50(3) - 37.25. You started off with $80.45 in your bank account and deposited, or added, $20.50 every day on Tuesday, Wednesday and Thursday. That would mean you added $20.50 three times. Adding $80.45 + $20.50 + $20.50 + $20.50, simplified to $80.45 + $20.50(3) would get you $141.95 in total. Then, on Friday, you withdraw $37.25, getting the equation $141.95 - $37.25, leaving $104.70 for the weekend.
D ~ Positive Exponetial growth. Hope it helped!!! <3 (^u^)
Answer: it will take 14 years
Step-by-step explanation:
A savings account is started with an initial deposit of $600. This means that the principal P is
P = 600
It was compounded annually. This means that it was compounded once in a year. Therefore,
n = 1
The rate at which the principal was compounded is 2.1%. So
r = 2.1/100 = 0.021
The duration of time that for which the money stayed in the account is t years. So
Time = t
The formula for compound interest is expressed as
A = P(1+r/n)^nt
Where
A = total amount in the account at the end of t years. Therefore,
a) the equation to represent the amount of money in the account as a function of time in years would be
A = 600 (1+0.021/1)^1×t
A = 600 (1.021)^t
b) the amount of time it takes for the account balance to reach $800 would be
800 = 600 (1.021)^t
Dividing both sides of the equation by 600, it becomes
1.33 = (1.021)^t
t = 14
Answer
c
Step-by-step explanation:
2.72 ÷ 1.54
