PLEASE HELP ASAP ILL GIVE BRAINLIEST IF YOUR CORRECT
2 answers:
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Answer:
Colton.
Step-by-step explanation:
Amy: 220% is basically which in decimal form, is 2.20.
Braden: 100% + 100% + 20% = 220%, so it is accurate.
Colton: 100% + 10% + 10% = 120%, not 220%.
Dainielle: 100% of 75 is 75. Dividing the 100% of 75 by 5 makes a 20%. Adding 100% of 75 twice makes 200%. 200% + 20% = 220%, so it is accurate.
After 7 years fund balance will be $2152336.05 if the philanthropist pledges to donate 10% of a fund each year.
<h3>What is an exponential function?</h3>It is defined as the function that rapidly increases and the value of the exponential function is always a positive. It denotes with exponent.
where a is a constant and a>1
We have:
A philanthropist pledges to donate 10% of a fund each year.
We can find the amount left after 7 years as follows:
A = 450000(1 - 0.1)⁷
10% of a fund each year.
Rate r = 10% = 0.1
A = 450000(0.9)⁷
A = $2152336.05
Thus, after 7 years fund balance will be $2152336.05 if the philanthropist pledges to donate 10% of a fund each year.
Learn more about the exponential function here:
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