Mathematics

Armani Riddle

15 March, 23:24

A savings account compounds interest, at a rate of 15%, once a year. Elizabeth puts $800 in the account as the principal. How can Elizabeth set up a function to track the amount of money she has?

A (x) = 800 (15) ^x where 15 is the interest rate

A (x) = 800 (1 +.15) ^x where. 15 is the interest rate

A (x) = 800 (.15) ^x where. 15 is the interest rate

A (x) = 800 (1 + 15) ^x where 15 is the interest rate

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “A savings account compounds interest, at a rate of 15%, once a year. Elizabeth puts $800 in the account as the principal. How can Elizabeth ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

The measurements of an angle is five times the measurement of its supplement. What is the measurement of the angle? a. 30 degrees b. 35 degrees c. 40 degrees d. 45 degrees

The length of the sides of a triangle are in the extended ration 3 : 10 : 12. the perimeter is 400 cm. what is the length of the longest side in centimeters

Which equation finds the area of a square with a side length of 5n^4 units?

Chris wants to buy a sweater with a selling price of $66. Today, the sweater is on sale for 31% off. What is the markdown? What is the sale price of the sweater?

Round 58,291 to the nearest thousand.

New Questions in Mathematics

How many blue counters must be added so that the ratio of yellow counters to total counters is 1:6? 2 yellow counters 4 blue counters and 4 red counters

What's 599,600 in scientific notation

What is the domain and range for the following relation. { (4,-1), (3, 2), (0, - 3). (1,4) } A. Domain: (-1, 2, - 3, 4) : Range: (4,3,0,1) B. Domain: (4, 3, 2, 1) : Range: (-1, 2, 3, 4) C. Domain: (4,3,0,1) : Range: (-1,2,-3,4) D.

How do you use fractions in division

A cafeteria sells 30 drinks every 15 minutes. predict how many drinks the cafeteria sells every hour