Answer:
A(t) = 200+15t(1+0.02)^{t}
Step-by-step explanation:
Since the interest is calculated on the new balance every year.
Hence the formula used for compound interest is:
A = P(1+
^{nt}
where, A =Amount after t years
P =Principal amount
200 is the initial balance and Since, here the $15 is added to the balance each year. Therefore, P = 200+15t
r = rate each year (0.02)
t = time (in years) (t)
n = no. of times the interest is compounded in a year (n=1)
Therefore, the recursive formula is:
A(t) = 200+15t(1+0.02)^{t}
I think you have to estimate to a whole so 2 1/2 would be 3
If Joe has five rabbits, each rabbit represents a fifth. Therefore, Joe would have one white rabbit and the rest, which would be four-fifths, would be black.
Linear regression - the relation between variables when the regression equation is linear: e.g., y = ax + b
Answer:
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Step-by-step explanation:
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