Mathematics, 18.02.2020 21:00 wildfire771003
John, Sally, and Natalie would all like to save some money. John decides that it would be best to save money in a jar in his closet every single month. He decides to start with $300, and then save $100 each month. Sally has $6000 and decides to put her money in the bank in an account that has a 7% interest rate that is compounded annually. Natalie has $5000 and decides to put her money in the bank in an account that has a 10% interest rate that is compounded continuously
(1pt) What type of equation models John’s situation? (1pt) Write the model equation for John’s situation
(1pt) How much money will John have after 10 years? (1pt) What type of exponential model is Sally’s situation?
(1pt) Write the model equation for Sally’s situation
(1pt) How much money will Sally have after 10 years? (1pt) What type of exponential model is Natalie’s situation?
(1pt) Write the model equation for Natalie’s situation
(1pt) How much money will Natalie have after 10 years? (1pt) Who will have the most money after 10 years?
Answers: 1
Mathematics, 21.06.2019 15:30, yayrocks2395
Afurniture store has 1,500 chairs in storage. a manager uses three delivery receipts to simulate samples to check 100 chairs and note the number of brown chairs. suppose the actual number of brown chairs is 1,080. about how many brown chairs are
Answers: 1
John, Sally, and Natalie would all like to save some money. John decides that it would be best to sa...
Mathematics, 04.12.2020 18:00
Mathematics, 04.12.2020 18:00
Mathematics, 04.12.2020 18:00
Mathematics, 04.12.2020 18:00
Mathematics, 04.12.2020 18:00