subject
Mathematics, 05.05.2020 23:22 Jennifer16253

Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the equation that best represents Samantha's account?

Hint: Use the formula y = P(1 + r)x.

y = 500(1.4)x
y = 500(0.04)x
y = 500(1.04)x
y = 500(0.4)x

ansver
Answers: 2

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 19:10, bleesedbeme
What is the total surface area of this square pyramid?
Answers: 2
image
Mathematics, 21.06.2019 20:30, jthollis1348
Which expression is equivalent to (4 +6i)^2? ? -20 + 48i 8 + 12i 16 - 36i 20 + 48i
Answers: 1
image
Mathematics, 21.06.2019 20:30, catcatscats122
Write two point-slope equations for the line passing through the points (6, 5) and (3, 1)
Answers: 1
image
Mathematics, 21.06.2019 22:00, connorhanratty6487
James is playing his favorite game at the arcade. after playing the game 33 times, he has 88 tokens remaining. he initially had 2020 tokens, and the game costs the same number of tokens each time. the number tt of tokens james has is a function of gg, the number of games he plays
Answers: 1
You know the right answer?
Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest...

Questions in other subjects: