Suppose that you deposit money into a savings account that receives 5% interest per year on the amount of money that
is in the account for that year.
Assume that you deposit $400 into the account initially.
By what single number could you multiply the $400 by in
order to calculate how much money is in the account at the
end of a year?
Type your answer as a number only, no letters or spaces or
other characters.
Round to the nearest hundredth as appropriate.

i don't see any

step-by-step explanation:

y= 2x+7

changed to y= 5x +7

as slope is increased from 2 to 5

therefore it would be less steeper

so, option d) is correct

(a) {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …}

(b) $59 398

step-by-step explanation:

(a) the annual sequence of profits

aₙ = a₁rⁿ⁻¹

the model for the sequence of profits is {a₁, a₁r, a₁r², … a₁rⁿ⁻¹, …} .

(b) profit after 15 yr

  a₁ = $ 30 000

  r = 1.05

a₁₅ = 30 000 × 1.05¹⁴

a₁₅ = 30 000 × 1.979 93

a₁₅ = $59 398

the profit in year 15 will be $59 398.