A sofa is on sale for 20% off. The original price is $799. What is the sale price?
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We have been given that you invest $850 into a stock market fund, which grows at a rate of approximately 4% each year. We are asked to write an equation that can be used to calculate the amount of money in the fund after x years.
We will use exponential growth formula to solve our given problem.
An exponential function is in form , where,
y = Final amount,
a = Initial amount,
r = Growth rate in decimal form,
x = Time.
Let us convert 4% into decimal.
.
We have and
, so our equation would be:
Therefore, the equation can be used to calculate the amount of money in the fund after x years.
Answer:
C)
Step-by-step explanation:
If you take a look at each of the divided lines, 4 out of the 5 segments are filled, representing 4/5. Since there are 6 of lines, the answer is , or choice C. Hope this helps!