Answer: Choice B) Investment decreases by 3% each month
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Explanation:
We won't use the value 2500 at all.
The base of the exponential is 0.97
Set this equal to 1+r and solve for r
1+r = 0.97
r = 0.97-1
r = -0.03
The negative r value indicates we have exponential decay, so the value of the investment decreases by 3% each month.
Let's say you had $100 to start off. This would mean the investment would be worth $97 after one month is up.
Step-by-step explanation:
I hope this works for ya.
Answer:
I would like to solve your problem but plz comment the equation
Step-by-step explanation:
2/5×1/4×3/8 is 6/160
Answer:
3:5
Step-by-step explanation:
Radius is distance from center to a point on the outer edge. Thus, circle A has a radius of 3 and circle B has a radius of 5
Answer:
The bookkeeper already has a balance of 83.92. She collects 76.75 so that's 83.92+76.75 which equals to 160.67. Then she pays out 38.58 so that's a deduction to what she already has. 160.67-38.58=122.09.
SO the bookkeeper has $122.09 left.
