subject
Mathematics, 27.05.2021 01:00 lyss12326

Marcus deposited $200 into a savings account. Marco created an exponential model equation from which his account balance, P, will be determined after t years. The equation is P = 200 (1.05)^t. What does the value 1.05 represent in the context of this situation ?
A) the initial deposit amount
B) the amount that will be added to the account each year
C) the growth factor by which the amount of money increases
D) the exponent to which the amount of money in the account is increased each year

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 20:00
Suppose you are an avid reader and are looking to save money on the cost of books instead of paying about $20 for each book, you decide to look into purchasing a kindle for $120 you can purchase e-books for about $5 each 1. find the slope-intercept equation for the cost of the hard copy of books using x to represent the number of books 2. find the slope-intercept equation for the cost of the kindle with cost of e-books using x to represent the number of books
Answers: 1
question
Mathematics, 21.06.2019 21:00
Rewrite the following quadratic functions in intercept or factored form. show your work. f(t) = 20t^2 + 14t - 12
Answers: 1
question
Mathematics, 21.06.2019 21:00
Select the correct answer from each drop-down menu. a system of equations and its solution are given below. system a complete the sentences to explain what steps were followed to obtain the system of equations below. system b to get system b, the equation in system a was replaced by the sum of that equation and times the equation. the solution to system b the same as the solution to system a.]
Answers: 1
question
Mathematics, 21.06.2019 21:30
Select all the statements that apply to this figure
Answers: 2
You know the right answer?
Marcus deposited $200 into a savings account. Marco created an exponential model equation from which...
Questions
question
English, 18.05.2020 21:58
Questions on the website: 13722361