Answer:
A
Step-by-step explanation:
Answer:
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
in this problem we have
substitute in the formula above
The lower ratio would be bob and that dude need to slow down the hair stuff
10 to 8 ratio is about 8.00
7 to 6 ratio is about 9.00
im not to good at math so dubble cheek just in case hope i could help tho
rip my spelling
Since the value 0.98 is less than 1, we can therefore say that balance in this account is decreasing.
<h3>
How to recognize Exponential Function.</h3>
Exponential Function can be used for increase rate and also for decay rate. The difference between the two are the plus and minus signs. To put it in another perspective, If Y = P(M)³
If M is less than one, that means it is decaying or decreasing. And if M is greater than one, that means it is increasing.
Given that Some banks charge a fee on savings accounts that are left inactive for an extended period of time. And the equation
y = 5000(0.98)^x represents the value, y, of one account that was left inactive for a period of x years.
According to the equation, to know if the balance in this account is increasing or decreasing, we will analyze the value 0.98.
Since the value 0.98 is less than 1, we can therefore say that balance in this account is decreasing.
Learn more about Exponential Function here: brainly.com/question/2456547
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Answer:
C & less than 7
Step-by-step explanation:
trust
