Answer:
Me
Step-by-step explanation:
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Answer: B) A = 750(1.04)ⁿ
<u>Step-by-step explanation:</u>
The formula for compounded annually is: A = P(1 + r)ⁿ where
- A (amount accrued) = <em>unknown</em>
- P (amount invested) = $750
- r (interest rate) = 4% -->(0.04)
- t (time in years) = <em>unknown</em>
A = 750(1 + 0.04)ⁿ
= 750(1.04)ⁿ
2.34 x 10 to the 9th power i think
Answer:
B
Step-by-step explanation:
In the equation it states there is a one-time fee charge so we would add this when writing it in an expression. Since the expressions is: T = 15n + 12; and the only number being added is 12, we can assume the number 12 represents the service fee cost.