The balance, B, in dollars, after T years of an investment that earns interest compounded annually is given by the function B(t) = 1500(1.045)^t .To the nearest hundredth of a percent what is the monthly interest rate for the investment? A) 4.50%
B) 3.67%
C) 0.37%
D) 69.59%

I’m pretty sure it’s 4.50%

Step-by-step explanation:

Well when you divide the number (1.045) by 100 you get 4.5 and so 4.5 of 1500 would give you the balance.

0.37%

Step-by-step explanation:

0.045 ÷ 12 = 0.37%

b.) 160 miles on a 5 gallons car

step-by-step explanation:

240/10=24 miles/gallon

160/5=32 miles/gallon

30/1=30 miles/gallon

168/6= 28 miles/gallon

32 miles/gallon is the most amount, so this is the best.

answer: its the third option.

step-by-step explanation:

i just took the test.