So for this you will be using an exponential equation, which is
with a=initial value, b=growth/decay, y = total balance, and x = # of years
In this case, a = 500, and since with this problem the initial value is growing, you will add 100% to 6% to get 106%, or 1.06. The equation will be formed as such: 
With this problem, just plug in 15 into x and solve for y: 
In short, after 15 years Tom will have $1198.28 in his account.
Answer:
1800(5/6)^t
Step-by-step explanation:
I don't see any answer choices, but this would be another form if it is listed. The negative exponent means that you get the reciprocal of the fraction (in this case 1.2). This turns 1.2 into (1/1.2), which is equivalent to 5/6.
Answer:
D 9/26
Step-by-step explanation:
Out of the 10th graders there are 104 total responses. Knowing we only need data from 10th graders we can ignore everything else. 36/104 10th graders like cats and if you divide that by 4 you'll get the only possible answer of 9/26. D 9/26 10th graders like cats.