subject
Mathematics, 07.05.2020 00:09 rhettperkins

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 balance in the account increases at a rate of 2.5% each year.

The initial balance of the account was $1,025.

The balance in the account at the end of one year is $850.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:40
Given the statements, "a square root of 16 is 4," and "a square root of 9 is -3," complete the following blanks with the correct truth-values. p is and q is , so the statement, "a square root of 16 is 4 or a square root of 9 is -3" is .
Answers: 3
question
Mathematics, 21.06.2019 21:20
Sam is a waiter at a local restaurant where he earns wages of $5 per hour sam figures that he also eams about $3 in tips for each person he serves sam works 6 hours on a particular day. if n represents the number of people sam serves that day, which of the following functions could sam use to figure ehis total earings for the do o a. en) = 30 o b. en) = 5n+ 18
Answers: 2
question
Mathematics, 21.06.2019 22:30
Aflagpole broke in a storm. it was originally 8 1 81 feet tall. 2 8 28 feet are still sticking straight out of the ground, where it snapped, but the remaining piece has hinged over and touches the ground some distance away. how far away is the end of the pole from the base of the pole along the ground?
Answers: 1
question
Mathematics, 21.06.2019 22:30
Given the system of equations presented here: 2x + 4y = 14 4x + y = 20 which of the following actions creates an equivalent system such that, when combined with the other equation, one of the variables is eliminated? multiply the second equation by â’4 to get â’16x â’ 4y = â’80 multiply the second equation by â’1 to get â’4x â’ y = â’20 multiply the first equation by 2 to get 4x + 8y = 28 multiply the first equation by â’1 to get â’2x â’ 4y = â’14
Answers: 1
You know the right answer?
A bank account earning annual compound interest was opened, and no additional deposits or withdrawal...
Questions
question
Medicine, 22.05.2020 02:07
question
Mathematics, 22.05.2020 02:07
Questions on the website: 13722360