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vampirchik [111]
3 years ago
14

Will used the function C = 1,906(1.03)t to determine the amount of money compounded in his savings account. Select all of the st

atements below that describe the meaning of 1.03 in Will's function. (there are 3 answers)
a. Will leaves the money in his savings account for 1.03 years.

b. The money in Will's account increases by $1.03 each year.

c. The growth factor of Will's savings account is 1.03.

d. Will's savings account increases by 3% each year.

e. Will opened his savings account with $1.03.

f.Will's account has a growth rate of 0.03.
Mathematics
1 answer:
NeTakaya3 years ago
5 0

Answer:

The statements (c) and (d) are correct.

Step-by-step explanation:

The general formula to compute the compound interest is:

C=P(1+r)^{t}

Here,

P = principal amount

r = rate of interest

t = time

The function provided to determine the amount of money compounded in Will's savings account is:

C=1906(1.03)^{t}

On comparing the two equations it can be seen that:

1+r=1.03\\r=1.03-1\\r=0.03

So the interest rate is, 3%.

So, the number 1.03 implies that Will's savings account increases by 3% each year.

And the growth factor of Will's savings account is 1.03.

Thus, the statements (c) and (d) are correct.

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3 years ago
In between what 2 integers is the square root of 48
Murljashka [212]

Answer:

7,6

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8 0
3 years ago
g natasha is in a class of 30 students that selects 4 leaders. How many ways are there to select the 4 leaders so that natasha i
Papessa [141]

Answer:

<h2>3,654 different ways.</h2>

Step-by-step explanation:

If there are 30 students in a class with natasha in the class and natasha is to select four leaders in the class of which she is already part of the selection, this means there are 3 more leaders needed to be selected among the remaining 29 students (natasha being an exception).

Using the combination formula since we are selecting and combination has to do with selection, If r object are to selected from n pool of objects, this can be done in nCr number of ways.

nCr = n!/(n-r)!r!

Sinca natasha is to select 3 more leaders from the remaining 29students, this can be done in 29C3 number of ways.

29C3 = 29!/(29-3)!3!

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29C3 = 3,654 different ways.

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You won't always see linear equations written exactly like that, but keep in mind that we can manipulate equations to put them in a particular form if necessary.


Linear equations are often written with more than one variable, typically x and y. Such equations will have many possible combinations of x and y that work. When those points (known as coordinate pairs) are plotted on an x-y axis, they will form a straight line. Let's take a look at this graphically below. The two equations drawn are linear. Note that one is in the form y=3 (it is dependent on just a constant, 3), and the other equation is y=0.75x−0.5 (a linear term and a constant).

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