Answer:
A = $3,926.71
Step-by-step explanation:
Given: Principal (P) = $3200, Annual Rate (R) = 4.1%, Time = 5 years
To find: How much money would he have in the account after 5 years, if he made no deposits or withdrawals during that time?
Formula: 
Solution: Compound interest is one of the most important concepts to understand when managing your finances. It can help you earn a higher return on your savings and investments, but it can also work against you when you're paying interest on a loan
First, convert R as a percent to r as a decimal
r = R/100
r = 4.1/100
r = 0.041 rate per year,
Then solve the equation for A
A = P(1 + r/n)
A = 3,200.00(1 + 0.041/12)
A = 3,200.00(1 + 0.003416667)
A = $3,926.71
Hence, Jay would have $3,926.71 after 5 years is if he made no deposits or withdrawals during that time.
The first one is 4 and the last one is 2.14237024 u can put all of that in if u want
7.5<span>(<span>−5.9</span>)</span><span>my answer is =<span>−<span>44.25
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Answer:
wow howw
Step-by-step explanation:
First let's solve for the rate, "b", by setting up a ratio with the two points given:
16.875/7.5=(ar^3)/(ar)
2.25=r^2
r=1.5
Now we need to solve for the initial value a using either point given...
7.5=a(1.5)^1
7.5=1.5a
a=5
So now we have solved for both variables and have a complete equation:
y=5(1.5)^x