Hi there, first we have to convert the mixed numbers into improper fractions, 6 1/3=19/3 and 4 2/3=14/3. Now we subtract 19/3 from 14/3. 19/3-14/3=5/3, 5/3=1 2/3, Therefore, 6 1/3 - 4 2/3 = 1 2/3
Answer:
Y = 3x + 4/5
Step-by-step explanation:
Answer: Choice B) Investment decreases by 3% each month
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Explanation:
We won't use the value 2500 at all.
The base of the exponential is 0.97
Set this equal to 1+r and solve for r
1+r = 0.97
r = 0.97-1
r = -0.03
The negative r value indicates we have exponential decay, so the value of the investment decreases by 3% each month.
Let's say you had $100 to start off. This would mean the investment would be worth $97 after one month is up.