benjamin has a mask collection. he keeps 144 masks on the wall which is 48% of his collection. what is the total number of mask
2 answers:
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Answer:
Step-by-step explanation:
Answer: b. $3,374.65
Step-by-step explanation:
The exponential equation of growth (continuously) is given by :-
, where A is the initial amount, r is the rate of growth ( in decimal) and x is the time period.
Given : You invest $2,500 in an account that grows 5% each year.
i.e. A= $2,500 and r= 5%=0.05
Then, the equation model this situation will be :-
Now, At x= 6
Hence, the investment amount after 6 years will be $3,374.65.