Answer:
P = 1039.5
Step-by-step explanation:
Given:-
- The initial amount deposited, Po = 500
- The interest rate applied, I = 5% compounded annually
Find:-
- The amount on her bank statement after 15 years?
Solution:-
- We see that the principal amount increases every year and no transactions have been made in the course of 15 years.
The total amount left in her savings account would be given by the following formula:
P = Po * ( 1 + I/100 )^n
- Where, n = number of years passed since deposit. (15 years)
P = 500 * ( 1 + 5/100 )^15
P = 500 * (1.05)^15
P = 1039.5
When you owe money it is a negative because when you earn money you have to pay it back
Answer:
Vertex of the parabola is (2,3)
Step-by-step explanation:
The parabola is a negative, it opens down and the maximum place it can reach is 3 (y).
I wanna say 10 or ether -10 since if it was subtracted from 2 then it would equal -8
