I didn’t want to type it so I hope you can understand this
Help with #1 so I can get the gist of it please?
1 answer:
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Answer:
D is the right ans after solving eqn we get two value of x and they are 1 and 3
We use the formula:
Total = Principal * e ^ (rate * years)
Total = 1,500 * e ^ (.03 * 15)
Total = 1,500 * e ^ .45
Total = 1,500 * <span> <span> <span> 1.5683121854 </span> </span> </span>
Total = <span> <span> <span> 2,352.47 </span> </span> </span>
Total = Principal * e ^ (rate * years)
Total = 1,500 * e ^ (.03 * 15)
Total = 1,500 * e ^ .45
Total = 1,500 * <span> <span> <span> 1.5683121854 </span> </span> </span>
Total = <span> <span> <span> 2,352.47 </span> </span> </span>