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3 years ago

3) Bob deposits 15% of \$160 into a savings account, what is the amount of his deposit ?

Mathematics

2 answers:

lbvjy [14]3 years ago

6 0

Answer:

$24

Step-by-step explanation:

160 * 0.15 = 24

lawyer [7]3 years ago

3 0

$24 and the total of the account after the deposit is $184. can i please get brainliest?

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Paul [167]

Answer:

$\$272,49$

Step-by-step explanation:

7. $\displaystyle /text{The answer makes sense because since the depreciation rate is 15%, we know that we need to use the "exponential decay" formula.}$

6. $\displaystyle /text{After a depreciation rate of 15% for the past 8 years, the stock is now worth approximately $272,49.}$

5. $\displaystyle 1000[0,85]^8 = 272,490525 ≈ \$272,49$

4. $\displaystyle 1000 = a \\ -15\% + 100\% = 1 - r; 85\% = 1 - r \\ 8\:years = time\:[t]$

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1. $\displaystyle /text{initial amount: $1000, a depreciation rate of 15%, and a time period of 8 years}$

I am joyous to assist you anytime.

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