Sally's parents deposited $15,000 into a college savings account on her third birthday. The account had an interest rate of 9.6%
1 answer:
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Simple...
3 hours 30 min--->>>3.5
(rounded)
Thus, your answer.
3 hours 30 min--->>>3.5
Thus, your answer.
The answer is b.
This is an example of an exponential decay problem.
The basic format of the equation is:
In this problem, the starting amount is 100. The rate is 0.5 because it is being cut in half every 330 days.
The basic format of the equation is:
In this problem, the starting amount is 100. The rate is 0.5 because it is being cut in half every 330 days.