1.53156146179 that is the answer
Exponential
The first year, he would earn 8% interest on the $400 deposited, so he'd have $432. The next year, he would earn 8% interest on the interest earned the previous year in addition to the amount deposited, so he'd have $466.56.
His bank balance would follow the compound interest equation which is exponential.
= 400 × 1.08^t
where t is the number of years since the deposit
Answer:
Hope this helps!
Step-by-step explanation:
1- -24
2- -23
3- -2
4- 11
5- 5
6- -3
7- 28
8- 120
Answer:
2/3 or 0.67
Step-by-step explanation:
Slope = y2 - y1 /x2 - x1
Given
x1 = 1
y1 = 8
x2 = 9
y2 = 12
Slope = 12 - 8 /9 - 1
= 4/6
Reduce is by 2
2/3
Or
0.67