The answer is C
I think it is
Answer:
Chris earned $ 43,344 each year
Monthly Chris earns $ 3,612
Step-by-step explanation:
If you earn a fixed amount of money each month, for 2 years and one year you have 12 months, then 2 years equals 24 months.
To know how much you earn each month we divide the total amount earned in the two years between 24 months
I = $ 86,688 / 24
I = $ 3,612
Monthly Chris earns $ 3,612
To calculate what he earned each year we divided $ 86,688 / 2
I = $ 86,688 / 2
I = $ 43,344
Chris earned $ 43,344 each year
1. You'll need to download this data, or copy it down by hand.
2. Rearrange the data from lowest to highest values.
3. You have 24 data points (an even number).
In this case, to find the 1st quadrant, take the left half (that is, the left 12) data points. Since 12 is an even number, you must find the average of the middle two of these 12 data points. Your result is the 1st quadrant.
To find the 3rd quadrant, find the middle two data points of the right-hand 12 data points. Average these two points. The result is the 3rd quadrant.
Answer:
The exponential function is
.
You will have $1,100.55 in the account after 2 years.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Deposit $1000 in a savings account that pays 4.8% interest compounded monthly.
This means that
. So




This is the exponential function
How much will you have in your account after 2 years?
This is A(2). So

You will have $1,100.55 in the account after 2 years.
Multiplication because you undo it