Answer:
The exponential function is 
.
You will have $1,100.55 in the account after 2 years.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Deposit $1000 in a savings account that pays 4.8% interest compounded monthly.
This means that 
. So
This is the exponential function
How much will you have in your account after 2 years?
This is A(2). So
You will have $1,100.55 in the account after 2 years.
Answer:
45
Step-by-step explanation:
9x60=540
540/12= 45
Answer:
Step-by-step explanation:
Me no hablas Inglish sorry pal
Answer:
0.020
0.0200
Step-by-step explanation:
Because there's always an imaginary 0 at the end, so there are infiite equivalant answers to this.
<u><em>Hope this helps, and stay safe!! :))))</em></u>
Answer:
0.0786
Step-by-step explanation:
It is given that Bartholemew had drawn the replacement of 160 tickets.
There are five tickets = [0, 0, 0, 1, 2]
Now we need to find the estimate of the ticket that has 1 on it and it turns up on the 32 draws exactly.
Since the probability of the drawing 1 out of 5 tickets is given by, 
So the binomial with the parameter of n = 160 and p = 0.2, we get
P (it turns up on exactly 32 draws) = P(X = 32)
Therefore,
= 0.0786
