A home mortgage is usually borrowed for how long?
2 answers:
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Answer:
f(x)= 25(1 + 0.20)^t
Step-by-step explanation:
The formula- <em>f(x)= a(1+r)^x</em>
<em />
a= initial amount (25)
r= growth rate (20%... 0.20)
x= # of times (we don't have that in here)
When you plug in the values, you get
f(x)= 25(1 + 0.20)
hope this helps!!