Answer: I Hope some one helps you out
Step-by-step explanation:Y
Deposit $625 into a money market account with a 5% rate for 1 year would result in more money.
<h3>The interest rate of the bank</h3>
To do this, we make use of 1.50% interest rate
<h3>The exponential
growth equation</h3>
Here, we have:
Initial, a= 625
Rate, r = 1.5%
The exponential growth equation is
A(t) = a * (1 + r)^t
So, we have:
A(t) = 625 * (1 + 1.5%)^t
Evaluate
A(t) = 625 * 1.015^t
Hence, the exponential growth equation is A(t) = 625 * 1.015^t
<h3>The
value in 25 years</h3>
Here, t = 25.
So, we have:
A(25) = 625 * 1.015^25
Evaluate
A(25) = 906.84
Hence, the value in 25 years is $906.84
<h3>The investment with more money</h3>
<u>#Investment A</u>
a = 625
r = 1.5%
t = 5
So, we have:
A(5) = 625 * 1.015^5
Evaluate
A(5) = 673.3
<u>#Investment B</u>
a = 625
r = 5%
t = 1
So, we have:
A(1) = 625 * 1.5^1
Evaluate
A(1) = 937.5
By comparison, 937.5 is greater than 673.3
Hence, deposit $625 into a money market account with a 5% rate for 1 year would result in more money.
Read more about exponential growth equation at:
brainly.com/question/23729449
#SPJ1
Answer:
2.17609
Step-by-step explanation:
Easiest and fastest way is to just directly plug log base 10 of 150 into the calc, as it is a nasty decimal.
Answer:
t = 11 min
and
t = 18 min
Step-by-step explanation:
When we have unidimensional motion, the sign of the velocity defines the direction.
So we could say that a positive velocity like:
v = 4ft/min
Means that you are moving to the right with a speed of 4 feet per minute.
And a negative velocity like:
v = -3 ft/min
means that you are moving to the left with a speed of 3 feet per minute.
Then the bug changes direction when the velocity changes of sign.
In the graph, we can see that the velocity changes of sing in two points, these points are:
t = 11 min
and
t = 18 min
