What is 100x100 because im having real trouble
2 answers:
You might be interested in
9514 1404 393
Answer:
$84,330
Step-by-step explanation:
The compound interest formula gives the value of an investment.
A = P(1 +r/n)^(nt)
where principal P is invested at annual rate r compounded n times per year for t years. Using your given values, we can solve for P.
110,000 = P(1 +0.019/12)^(12·14)
P = 110,000/(1 +0.019/12)^(12·14) ≈ 110,000/1.00158333...^168
P ≈ 110,000/1.30446
P ≈ 84326.04 ≈ 84,330 . . . . dollars
Answer: (B) 3 times as fast
<u>Step-by-step explanation:</u>
rate of change is the "slope" between the given interval.
f(x) = 125(.9)ˣ
f(1) = 125(.9)¹
= 112.5
f(5) = 125(.9)⁵
= 73.8
********************
f(11) = 125(.9)¹¹
= 39.2
f(15) = 125(.9)¹⁵
= 25.7
********************
The rate of change from years 1 to 5 is approximately 3 times the rate of change from years 11 to 15.