Answer:
"$2975" is the correct solution.
Step-by-step explanation:
Given:
Principle,
P = $7000
Time,
T = 5 years
Interest rate,
R = 8.5
Now,
The interest will be:
=
=
=
= ($)
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1 answer:
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Answer:
The domain is all real numbers.
The initial value is 3
The simplified base is
Step-by-step explanation:
The given function is .
To find the initial value, we put x=0 into the function:
.
.
The initial value is actually 3.
The given function is an exponential function, therefore the domain is all real numbers.
The range of this function refers to all values of y for which the function is defined.
The line y=0, is the horizontal asymptote.
The range is
The simplified base is .