Answer:
I think it's 2x/4 (1x/2 if simplified). if it's multiple choice that's what I'd go with and if that answer is wrong then sorry
Step-by-step explanation:
x•2 is 2x because you don't know the value x and you still have to divide by four. when simplified, 2/4 is 1/2 so it'd be 1x/2
Is there supposed to be an x before 4x?
Answer:
The approximate growth rate of the savings account is 2.5%
Step-by-step explanation:
Given the the function S(x) = 5, 000 * (1.025) ^ (0.7x)
From the function, we can see that part: (1.025). It presents for the growth factor or rate with the formula as:
(1 + r) where r is rate
So we have:
(1 + r) = 1.025
<=> r = 1.025 -1
<=> r = 0.025
In pecentage, we have the rare: 0.025 *100% = 2.5%
So the approximate growth rate of the savings account is 2.5%
