1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Elodia [21]
2 years ago
15

Ethan and Evan are twins. They each deposit $3,000 into separate bank accounts. Their accounts each accrue interest annually. Ex

plain whether each account can best be modeled by a linear or an exponential function and How much higher of a balance would Evan have after 5 years than Ethan?
Mathematics
1 answer:
KonstantinChe [14]2 years ago
4 0

Each account can be modelled by an exponential function

At the end of 5 years, Evans and Ethan will have the same balance since they deposited the same amount at the same interest rate

<h2>Compound Interest</h2>

The amount deposited is the principal, P

P  =  $3000

The account accrues interest annually

This means that the amount is compounded annually

<h3>Exponential Function</h3>

The amount after 5 years is given by the formula shown below:

A=P(1+\frac{r}{n})^{nt}

The above equation represents an exponential function

At the end of 5 years, Evans and Ethan will have the same balance since they deposited the same amount at the same interest rate

Learn more on compound interest here: brainly.com/question/24924853

You might be interested in
The cost of Samantha's 15th birthday party depends on the number guest. The hall charges $250 for the use of the hall plus $12 p
Scorpion4ik [409]

Answer:

Equation: y=x(12)+250

Total cost: $550

3 0
2 years ago
there are 15 oranges available to be cut up for a hockey team. Each member of the team will get two third of an orange. Using op
Yuki888 [10]
Each member of the team will get two thirds of an orange.
3 0
2 years ago
How to unscramble this word nioarlta
Zielflug [23.3K]
Since this is in the Mathematics subject my best answer would be Rational.
6 0
3 years ago
Hey guys...I need help...
timama [110]

Answer:

So what you do is The florist cost rounded to the nearest ten is 90 then the percent Gratuity rounded to the nearest ten should be 10% well after we do that 90 divide by 10 is 9

Step-by-step explanation:

hope this helps and feel free to brainliest

6 0
3 years ago
Read 2 more answers
Why do scientists use the international system of units (SI)
k0ka [10]
So it can be known anywhere. So we use all of the same measurements
7 0
3 years ago
Read 2 more answers
Other questions:
  • If d = 20 and C = 20π
    12·1 answer
  • A yard of fabric cost 12.99. How much will two feet cost
    9·1 answer
  • Samira needs 22 quarts of lemonade to fill a dispenser. She plans to buy 7 jugs of lemonade. Each jug contains 3.3 quarts. Is th
    5·1 answer
  • Determine an equation for the right bisector of the line segment with endpoints J(-5,3) and K(3,-2)
    12·1 answer
  • • 4. What is the rate of change (slope) of this table?*
    6·1 answer
  • HELP?!? idk what im doing and nobody has asked this. will give brainliest answrr or whatever its called.
    11·1 answer
  • write three different division expressions, with fractional dividends and divisors, whose quotient is 5. pls help
    11·2 answers
  • Kahlia needs $468.75 to buy herself a new chromebook. She plans to wash 125 cars in her neigborhood to earn enough money to but
    11·2 answers
  • Find the price of one pen if six pens cost$48.
    7·2 answers
  • HELP ME I AM BEING TIMED!!!
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!