Answer:
1.3
Step-by-step explanation:
20/100 x 6 5/10 =
1 3/10
Hopes this helps
Answer:(c)
Step-by-step explanation:
Given
The initial value of Adam's model is ![A_o=\$550](https://tex.z-dn.net/?f=A_o%3D%5C%24550)
the value increases exponentially with the rate of ![r\%](https://tex.z-dn.net/?f=r%5C%25)
Time period ![t=5\ years](https://tex.z-dn.net/?f=t%3D5%5C%20years)
Final amount ![A=\$736](https://tex.z-dn.net/?f=A%3D%5C%24736)
Exponential growth is given by
![\Rightarrow A=A_o(1+r)^t](https://tex.z-dn.net/?f=%5CRightarrow%20A%3DA_o%281%2Br%29%5Et)
Putting values
![\Rightarrow 736=550(1+r)^5\\\\\Rightarrow (1+r)^5=1.338](https://tex.z-dn.net/?f=%5CRightarrow%20736%3D550%281%2Br%29%5E5%5C%5C%5C%5C%5CRightarrow%20%281%2Br%29%5E5%3D1.338)
![\Rightarrow 1+r=1.05999\\\Rightarrow r=0.05999\ or\ 5.99\%\approx 6\%](https://tex.z-dn.net/?f=%5CRightarrow%201%2Br%3D1.05999%5C%5C%5CRightarrow%20r%3D0.05999%5C%20or%5C%205.99%5C%25%5Capprox%206%5C%25)
Option (c) is correct
It’s c because I got it right on the test