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.
Answer:
1.000
Step-by-step explanation:
247 divided by 10^2 is 2.47 and 247 times 10^2 is 24,700
Answer:
you could make a number line with 11 lines and start at .04 and go to .05 so the 11 lines will be 0.04,0.041,0.042,0.043,0.044,0.045,0.046,0.047,0.048,0.049,0.05
and you could put a dot on 0.043
Answer:
i think the answer is C. $38.88
<u><em>hope it helps to your question!</em></u>
