The future amount of Lynnes retirement account can be computed using the formula of amortization or annuity:
P = A[(1+i)^n-1)]/(i)
A= amortization
i= 5.5%
n = 40*12 = 480
Subsituting the variables in th formula, Future amount of Lynne in 40 years is equal to
P = $29,082.71
Exponential growth functions are the functions that normally take the form
y=ab^x
where:
a=initial value
b=growth rate
x=time
An example of situation that takes this form is the population growth of a particular group say and organism.
Answer:
10 cm
Step-by-step explanation:
im smart
5x+5=3
5x=-2
X=-2/5
Alternative form is x=-0.4