Carmen received a gift of $5,000 from her grandmother and decided to invest it. the expression 5000(1.0005)^12t represents the a
1 answer:
The equivalent expression for the expression that represents the amount Carmen would earn is 5000(1.0005^12)^t.
<h3>What is the equivalent expression?</h3>Based on the expression given, Carmen's investment is compounded monthly.
The formula for calculating future value:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
5000(1.0005)^12t
= 5000(1.0005^12)^t
50002.5^12t
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Answer:
y= -2x +1
Step-by-step explanation:
<u>slope- intercept form</u><u>:</u>
y= mx +c, where m us the gradient and c is the y-intercept.
Let's find the value of m first using the gradient formula.
Gradient=
y= -2x +c
To find the value of c, substitute a pair of coordinates.
When x= -1, y=3,
3= -2(-1) +c
3= 2 +c
c= 3 -2
c= 1
Thus the equation of the line is y= -2x +1.