Compound interest formula:
Amount = starting value x ( 1+ interest rate/compounds per year)^(compound per year x number of years)
Amount = 12,000,000 x (1+ 0.10/1)^(1x5)
Amount = 19,326,120.00
Answer:
16%
Step-by-step explanation:
Answer:
Recursive
a(1) = 9 ; a(n+1) = 3 * a(n)
Explicit
a(n) = 9 * 3^(n-1)
The equality used is Subtraction property of equality
Option A is correct
Step-by-step explanation:
We need to identify which option best explains or justifies Step 1.
Step 1 is: 
The given equation is: 
To get the equation for step 1 we need to subtract c on both sides of equation i.e using subtraction property of equality


So, The equality used is Subtraction property of equality
Option A is correct.
Keywords: Solving Quadratic Equations
Learn more about Solving Quadratic Equations at:
#learnwithBrainly