Answer:
a) $3480
b) $4036.8
Step-by-step explanation:
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.
Suppose that $3000 is placed in an account that pays 16% interest compounded each year.
This means, respectively, that 
So
(a) Find the amount in the account at the end of 1 year.
This is A(1).
(b) Find the amount in the account at the end of 2 years.
This is A(2).
Step-by-step explanation:
55
the coordinates will add each other
A^2+b^2=c^2
35^2+25^2=25^2
So the answer is 25
1] Given that the value of x has been modeled by f(x)=12500(0.87)^x, then:
the rate of change between years 1 and 5 will be:
rate of change is given by:
[f(b)-f(a)]/(b-a)
thus:
f(1)=12500(0.87)^1=10875
f(5)=12500(0.87)^5=6230.3
rate of change will be:
(6230.3-10875)/(5-1)
=-1161.2
rate of change in years 11 to 15 will be:
f(11)=12500(0.87)^11=2701.6
f(15)=12500(0.87)^15=1,547.74
thus the rate of change will be:
(1547.74-2701.6)/(15-11)
=-288
dividing the two rates of change we get:
-288/-1161.2
-=1/4
comparing the two rate of change we conclude that:
The average rate of change between years 11 and 15 is about 1/4 the rate between years 1 and 5.
The answer is D]
2] Given that the population of beavers decreases exponentially at the rate of 7.5% per year, the monthly rate will be:
monthly rate=(n/12)
where n is the number of months
=7.5/12
=0.625
This is approximately equal to 0.65%. The correct answer is A. 0.65%
Answer:
Step-by-step explanation:
