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aleksandrvk [35]
3 years ago
13

The table shows the balance of a money market account over time. Write a function that represents the balance y (in dollars) aft

er t years.

Mathematics
1 answer:
dexar [7]3 years ago
7 0

9514 1404 393

Answer:

  y = 2200(1.08^t)

Step-by-step explanation:

The interest earned the first year is ...

  (2376 -2200)/2200 = 0.08 = 8%

The balances the remaining years are consistent with that interest being compounded annually. An appropriate function is ...

  y = 2200(1.08^t)

_____

The compound interest formula is ...

  A = P(1 +r/n)^(nt) . . . . principal P earning rate r compounded n times per year for t years

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4 years ago
What is an equation of the line with slope 5 and y-intercept 8?
jeka94

Answer:

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Step-by-step explanation:

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Hope this helps!

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What is a slope intercep form
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5 0
3 years ago
Read 2 more answers
An experiment consists of rolling a number cube (dice). What is the probability of rolling a number GREATER THAN 4? Express your
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Answer:

1/3

Step-by-step explanation:

Probability is the likelihood or chance that an event will occur

Probability = Expected/Total outcome

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