Answer:
The correct option is B.
Step-by-step explanation:
The amount of money, in dollars, in a savings account after x years is given by
This above equation represents that $10000 becomes M(x) after x years at a rate of interest 3% compounded in each year.
Therefore, the value in the expression 1.03 represents that there is a 3 percent increase in the savings account each year.
So, the correct option is B. (Answer)
Answer:
About 64.65 degrees
Step-by-step explanation:


Make sure your calculator is in degree mode.
The money multiplier is 1/ 0.12
Answer:
46,350
Step-by-step explanation:
3% of 45,000 is 1,350
So, 45,000 + 1350 = 46,350