Two end points
One direction
Hope this helps xx
Answer:
The ending balance is of $790.1.
Step-by-step explanation:
Compound interest:
The amount of money earned after t years, in compound interest, is given by:
In which A(0) is the initial amount of money and r is the interest rate, as a decimal.
$600 that earns 3.5% compound interest over 8 years
This means, respectively, that:
So, the formula is:
Ending balance:
The ending balance is:
The ending balance is of $790.1.
Answer:
if it is it parenthesis it means to multiply. Every equation has to have an symbol all symbols are different but the same. If that equation have an letter you multiply that number times the letter.
Answer:
Step-by-step explanation:
We know from the graph
and
using the given equation we can solve
subtract 1 from both sides so that k is isolated