the second statement explains which function shows a greater rate of change
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.
Answer:
<h2>8 or -8</h2>
Step-by-step explanation:
The absolute value of number a:
|a| = a for a ≥ 0
|a| = -a for a < 0
|a| = 8 ⇔ a = 8 or a = -8
T=4(r-1.5)
4(3.59-1.5)=t= 8.36 dolla
Enjoy.