Answer:
After 5 years, savings account = $241.00
After 8 years, savings account = $269.53
Step-by-step explanation:
If the savings account increases by 3.8% per year, this means it will be 103.8% of the previous year's value since 100% + 3.8% = 103.8%
103.8% in decimal form = 103.8/100 = 1.038
Therefore, the exponential function is:
, where
is the number of years
So when ,
After 5 years, savings account = $241.00
After 8 years, savings account = $269.53
Answer:
1,700
Step-by-step explanation:
The computation of the initial value of the computer is shown below:
Let us assume the value of a certain computer in the first year is X
In the second year, it is
In the third year, it is
In the fourth year, it is
Now it is given that after 3 years, the value of the computer is = 425 i.e equal to
So, X = 1,700
Hence, the initial value of the computer is 1,700
Answer:
Just took the test :))
Step-by-step explanation:
Look at the image down below!! ヽ(o＾▽＾o)ノ
