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viva [34]
2 years ago
11

Scott invests $1000 at a bank that offers 6% compounded annually. Write an equation to model the growth of the investment.

Mathematics
2 answers:
mr Goodwill [35]2 years ago
3 0

Answer:

Step-by-step explanation:

D

Alika [10]2 years ago
3 0

Answer:You can use A=P(1+(r/n))^(nt)

n=homany times it is compounded a year: 1 annually

t=time in years

r=rate: 6% or .06

A=Final Amount

P=principle amount

A=1000(1+(.06/1))^(1*t)

Step-by-step explanation:

hope this is correct

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You have $83 in your bank account each week you plan to deposit eight dollars from your allowance and $15 from your paycheck the
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