Answer: (i) A = 2500 (
(ii) A =$ 4,974.47
Step-by-step explanation:'
The exponential function is given as :
A = P
Where :
A = amount
P = principal
r = rate %
n = number of years
substituting , the exponential function to model the situation becomes
A = 2500 (
(ii) when n = 20 , the Amount becomes
A = 2500(
A =$ 4,974.47
Answer:
$568.95
Step-by-step explanation:
Given parameters:
Value of loan = $18965
Interest rate = 3%
Time = 1year
Unknown:
Interest = ?
Solution:
The interest on a particular amount is given as:
I =
I is the interest
P is the principal
R is the rate
T is the time
I =
= $568.95
I hope this helps you
2/3÷(-5/6)
2/3× -6/5
2×-6/3×5
-12/15
-4/5