Answer:
1 year: $2060
2 years: $2121.80
3 years: $2185.45
Step-by-step explanation:
Compound interest formula is A = P(1 + 
) where A is the final amount, P is the initial principal balance, r is the interest rate, n is the number of times interest applied per time period, and t is the number of time periods elapsed. In our case, P would be equal to 2000 dollars, r would be equal to 0.03, for 3 percent, and our n value would just be one, so the final equation is:
First, let's evaluate t for 1, as in one year.
= 2000 x 1.03 = 2060
Two years: 2000 * 1.03 squared = 2121.80
Three years: 2000 * 1.03^3 = 2185.45!
Hope this helps!
Answer:
4
Step-by-step explanation:
Recall a linear function, is a line on a graph made up of an infinite amount of points which satisfy the relationship. That means at x=3 there is a specific point on the line with an output. The value of a function at x=3 asks, what is the output y value for the input x value?
To find it, we locate 3 on the x-axis. We draw a vertical line directly to the line following the grid line. We mark the point on the line. We then draw a horizontal line directly to the y-axis following the grid line. The point we hit on the y-axis is the value of the function.
Here it is 4.
Answer:
7t/5^3 + 5t^2 + 4t^3
Step-by-step explanation:
Answer:
Answer is E hope this helps :)
Step-by-step explanation:
