Solve for jjj.
\dfrac{j}{-2}+ 7= -12
−2
j

+7=−12

savings account is an account only used for saving money. this acts as an emergency source of funding for an individual. answer a would result in the money in his account to grow as it specifically states that interest is compounded daily at the rate of 2%

step-by-step explanation:

the exponential expression to find the value of the cd, in dollars, after t years will be:  

step-by-step explanation:

formula of compound interest:   , where final value after years,   initial value, rate of interest in decimal and number of compounding in a year.

oliver plans to purchase a $1,500 certificate of deposit (cd) at his bank. that means,  

the cd will earn 2.3% interest, compounded semi-annually.

so,   and  

now, plugging these values into the above formula, we will

(rounded to the nearest ten-thousandth)

so, the exponential expression to find the value of the cd, in dollars, after t years will be: