Based on the given situation above about Patrick's savings, I can say that the best option for him in order to keep up with the increase 20 years after would be to utilize a compound interest account. The answer would be option B. Notice that with compound interest account, the amount he gets is around $31,000. Hope this helps.
The polynomial p(x) can be found by multiplying 'x-3' to every term
Now distribute and you have your answer.
Here your base (1.5) is greater than zero, so you have exponential growth here. That " ^ " is the tip-off to exponentiation.
The stock price per share was $8.60
Number of shares bought 1000
Total price for the shares:
(Cost per share)*(Number of shares)
=8.60*1000
=$8600
The stock price after 1 year $9.15
Total number of shares is 1000
Current price=(current share price)*(number of shares)
9.15*1000
=$9150
current value=(Current price)-(buying price)
=9150-8600
=$550
Net Profit=(Current value)-(Expenses)
=550-14
=$536
Answer:
equal to 4
Step-by-step explanation:
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