Burt's grandparents started a savings account for him when he was born. They invested
1 answer:
Answer:
4594.76 USD will be in the account on Burt's 18th birthday.
Step-by-step explanation:
Since interest rate is constant in time, we can use the definition of composite interest to determine how much money will be on Burt's 18th birthday, that is:
(1)
Where:
- Initial amount, measured in US dollars.
- Current amount, measured in US dollars.
- Annual interest rate, measured in percentage.
- Time, measured in years.
If we know that ,
and
, then the money in the savings account on Burt's 18th birthday is:
4594.76 USD will be in the account on Burt's 18th birthday.
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Answer: OPTION D.
Step-by-step explanation:
The vertex form of a quadratic function is:
Where (h, k) is the vertex of the parabola and "a" is the coefficient of the squared in the parabola's equation.
We know that the vertex of this parabola is at (5,5) and we also know that when the x-value is 6, the y-value is -1.
Then we can substitute values into and solve for "a". This is:
