Deposit $625 into a money market account with a 5% rate for 1 year would result in more money.
<h3>The interest rate of the bank</h3>
To do this, we make use of 1.50% interest rate
<h3>The exponential
growth equation</h3>
Here, we have:
Initial, a= 625
Rate, r = 1.5%
The exponential growth equation is
A(t) = a * (1 + r)^t
So, we have:
A(t) = 625 * (1 + 1.5%)^t
Evaluate
A(t) = 625 * 1.015^t
Hence, the exponential growth equation is A(t) = 625 * 1.015^t
<h3>The
value in 25 years</h3>
Here, t = 25.
So, we have:
A(25) = 625 * 1.015^25
Evaluate
A(25) = 906.84
Hence, the value in 25 years is $906.84
<h3>The investment with more money</h3>
<u>#Investment A</u>
a = 625
r = 1.5%
t = 5
So, we have:
A(5) = 625 * 1.015^5
Evaluate
A(5) = 673.3
<u>#Investment B</u>
a = 625
r = 5%
t = 1
So, we have:
A(1) = 625 * 1.5^1
Evaluate
A(1) = 937.5
By comparison, 937.5 is greater than 673.3
Hence, deposit $625 into a money market account with a 5% rate for 1 year would result in more money.
Read more about exponential growth equation at:
brainly.com/question/23729449
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Answer:
ote! the answer is 1.d 2.d
Step-by-step explanation:
there you go baby girl
To find the greatest common factor, first find the largest evenly divisible number that you can take out in both numbers, in this case 15 and 25. Then find the greatest or highest number of each variable that you can evenly take out or divide in both terms, this is for a, b and c.
So GCF of 15 and 25 would be 5
GCF of a = a^1 or a
GCF of b = b^1 or b
GCF of c = c^1 or c
Put everything together to find the GCF.
GCF = 5abc.
The answer is d.
The easiest way is to find a point within the shaded region and test out the equation.
Answer:
188
Step-by-step explanation:
Ive attached my work
Hope it helps, Let me know if you have any questions !
