subject
Mathematics, 17.04.2020 20:41 KHaire4770

A bank account earning annual compound interest was opened, and no additional deposits or withdrawals were made after the initial deposit. The balance in the account after x years can be modeled by b(x)=850(1.025)x. Which statement is the best interpretation of one of the values in this function? The initial balance of the account decreases at a rate of 97.5% each year. The initial balance of the account was $1,025. The balance in the account increases at a rate of 2.5% each year. The balance in the account at the end of one year is $850.

ansver
Answers: 3

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 15:00, nyraimccall408
Mustafa contributes 11% of his $67,200 annual salary to his 401k plan. what is his pretax income
Answers: 1
image
Mathematics, 21.06.2019 17:00, evelynnn452
Ataxi company charges $2.25 for the first mile and then $0.20 per mile for each additional mile, or f = $2.25 + $0.20(m - 1) where f is the fare and m is the number of miles. if juan's taxi fare was $6.05, how many miles did he travel in the taxi? if juan's taxi fare was 7.65, how many miles did he travel in taxi
Answers: 1
image
Mathematics, 21.06.2019 23:00, okok111
Y= 4x + 3 y = - 1 4 x - 5 what is the best description for the lines represented by the equations?
Answers: 1
image
Mathematics, 21.06.2019 23:00, FailingstudentXD
What is the sum of the first 8 terms of the geometric series
Answers: 3
You know the right answer?
A bank account earning annual compound interest was opened, and no additional deposits or withdrawal...

Questions in other subjects:

Konu
Mathematics, 03.09.2020 21:01