A = p(1 + r/n)^nt
p = principal
r = rate, change to a decimal
n = number of times it is compounded per year
t = time in years
A = 10,000(1 + .055/12)^(12*(44/12))
Since the time is in months and the formulas is in years, I put the (44/12) to represent the time. This will actually simplify to 44.
A = 10,000(1 + .055/12)^(44)
A = $ 12,228.77
a= initial value, 25000. b = rate of decay, (1-.04) or (.96)
a represents the initial value in exponential functions and b represents the rate of growth or decay. for decay subtract the 4% from 1 or 1-.04.
Answer:
3 sig fig
Step-by-step explanation:
Answer:
A= 80
Step-by-step explanation:
I'm not good at explaining my work. I sometimes can look at the problem and find the answer in 2 seconds.
Answer:
C
Step-by-step explanation:
