2 years ago

The Napoli family combined two bags of dry cat food in a plastic container. One bag had 5/

Mathematics

1 answer:

Lelu [443]2 years ago

3 0

1 and 7/12 kg of food

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Tim has 80 coins in his piggy bank. Of these coins, 28 are nickels and the rest are quarters. What percent of the coins in the b

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suppose you deposit $1000 in a savings account that pays 4.8% interest compounded monthly. Write an exponential function to mode

zubka84 [21]

Answer:

The exponential function is $A(t) = 1000(1.004)^{12t}$ .

You will have $1,100.55 in the account after 2 years.

Step-by-step explanation:

Compound interest:

The compound interest formula is given by:

$A(t) = P(1 + \frac{r}{n})^{nt}$

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.

Deposit $1000 in a savings account that pays 4.8% interest compounded monthly.

This means that $P = 1000, r = 0.048, n = 12$ . So