subject
Mathematics, 25.12.2019 13:31 apodoltsev2021

An investment grows according to the exponential equation y = 15,000 · 1.07x, where x is the number of years invested. which of the following statements is true?

a. the investment will continue to grow at a rate of 7% per year compounded quarterly.
b. the investment will increase by $1050 per year.
c. the investment will more than double within 12 years.
d. the investment will triple within 15 years

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 12:30
What is the approximate total length of iron edging needed to create the square frame and the two diagonals?
Answers: 3
question
Mathematics, 21.06.2019 13:50
James wants to promote his band on the internet. site a offers website hosting for $4.95 per month with a $49.95 startup fee. site b offers website hosting for $9.95 per month with no startup fee. for how many months would james need to keep the website for site a to be a better choice than site b? 1. define a variable for the situation. 2. write an inequality that represents the situation. 3.solve the inequality to find out how many months he needs to keep the website for site a to be less expensive than site b. 4. using words, describe how many months he needs to keep the website for site a to be less expensive than site b.
Answers: 3
question
Mathematics, 21.06.2019 19:00
Solve 3x-18=2y and 5x-6y=14 by elimination or substitution . show all !
Answers: 1
question
Mathematics, 21.06.2019 20:30
Jose is going to use a random number generator 500500 times. each time he uses it, he will get a 1, 2, 3,1,2,3, or 44.
Answers: 1
You know the right answer?
An investment grows according to the exponential equation y = 15,000 · 1.07x, where x is the number...
Questions
question
Arts, 18.05.2021 20:10
question
Mathematics, 18.05.2021 20:10
question
Mathematics, 18.05.2021 20:10
question
English, 18.05.2021 20:10
question
Chemistry, 18.05.2021 20:10
question
Arts, 18.05.2021 20:10
Questions on the website: 13722359