Answer:
167.10
Step-by-step explanation:
Here, we write out the general form for an exponential equation;
y = I (1 + r)^n
where y is the current value which we want to calculate
I is the initial value which is 160
r is the growth rate = 0.65% = 0.65/100 = 0.0065
402 minutes to hours will be 402/60 = 6.7 hours which is n
Substituting these values, we have
y = 160( 1 + 0.0065)^6.7
y = 160(1.0065)^6.7
y = 167.10
I think B or A is the answer
Interest from first account is :
Interest form second account is :
So, total interest is :
Therefore, total interest is $77.877 .
Answer:
C. Every year the number of subscribers is estimated to increase by 8% over the
number of subscribers the year before.
Step-by-step explanation:
Using the formula :
S = 20,000 (1 + 0.08)^y to estimate ;
S = number of subscribers ; y = years
The expression : (1 + 0.08)^y
0.08 = 0.08 * 100% = 8%
(1 + 0.08)^y represents a continous growth or increase in the number of subcsribers by 8% over the number of subscribers the preceeding year
