hussainsyed161 hussainsyed161

16-07-2017
Mathematics

contestada

What is the annual compound interest rate for an investment account modeled by the function y = 7400 • 1.07^x?
A. 7%
B. 1.07%
C. 0.07%
D. 97%

Respuesta :

Aliwohaish12 Aliwohaish12

16-07-2017

The formula is
Y=p (1+r)^x
Where r is the interest rate
Y=7400 (1+0.07)^x

R=0.07×100=7%

It's a

Answer Link

Otras preguntas

A construction crew is lengthening a road. The road started with a length of 54 miles, and the crew is adding 2 miles to the road each day. Let L represent the

how can farmers use contour farming and terracing?

302)+5)-1+4 (202)- 3) ≤125 True or False

1. Jada drew a net for a polyhedron and calculated its surface area. 4 5 20 sq cm 5 5 12 sq cm 16 sq cm 4 3 12 sq cm 5 he assembled from this net? 3 12 sq cm 3

based on evidence from radiometric dating, approximately how old is earth? approximately how old is ardipithecus ramidus, the oldest hominin fossil about whose

What is the main effect of the imagery in the following lines from “Señor Noboa”? They all remember when three years ago a machine shredded the hands of the Chi

How many parts or reasons must appear in the thesis statement? Question 2 options: One None Two Three

help meeeeeeeeee pleaseee

beverly is a secretary in the sociology department. beverly accepted a new position in the president’s office, which would include a substantial salary increase

outline the structure of an informational text