Answer:
A(n) = 100(1.1)^n
Step-by-step explanation:
Given that :
Account balance = A(n)
Compound interest paid = 10%
We need to obtain the initial amount deposited, that is A(n), when n = 0
In year, n = 1
Account balance, A(n) = $110
Let initial deposit = P
Hence,
Compound interest relation should be ;
A(n) = P(1 + r)^n
Plugging in our values
110 = P(1 + 0.1)^1
110 / P = 1.1^1
110/P = 1.1
110 = 1.1P
P = 110 / 1.1
P = 100
Hence, we can define the amount paid inn n years by substuting the value of P into the compound interest formula :
A(n) = 100(1 + 0.1)^n
A(n) = 100(1.1)^n
Answer:
last option bottom right
x can be equal or greater than -2
Answer:
transposition method
Step-by-step explanation:
it helps to find that value of y
Hey there!
The rate of change for these two points would be m = 1/2. Subtract the two y points from each other and then the two x points from each other. Then you divide them. Or get a simplified fraction.
Hope this helped!
Answer:
Total amount paid to staff = $250
Step-by-step explanation:
Given:
Weekly payment = $200
Commission = 5% on sales
Amount of jewelry = $1,000
Find:
Total amount paid to staff
Computation:
Total amount paid to staff = Weekly payment + Commission
Total amount paid to staff = $200 + $1,000(5%)
Total amount paid to staff = $200 + $50
Total amount paid to staff = $250
