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Mathematics

1 answer:

Zolol [24]3 years ago

3 0

Your answer would be A because $4800 is your starting number and it increases 2% every year. How much is it in 20 years?

You use the formula ab^x
a is your starting number
b is the percentage
x is always the length of time

Since you are increasing and trying to get its worth larger than what it was before you use a number larger than one hundred percent in this case the number would be 1.02.

Y=4800(1.02)^20
Y=$7132.55

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