Answer:
c
Step-by-step explanation:
The annual rat of return for this investment would be
850000=650000*(1+(r/1))^(1*3)
Answer:I think A
Step-by-step explanation:
Hopefully I am right
Answer:
Step-by-step explanation:
The equation A = d(1.005)^12t modelling the value of Daniel’s investment shows a monthly compounded interest. This means that the interest is compounded 12 times in a year.
We can confirm by inputting the given values
t = 8 years
d = 509
Therefore,
A = 500(1.005)12 × 8
A = 500(1.005)^96
A = $807.07
Therefore, the true statements are
Increases
Exponential
Never Decrease
First = $ 54
Another postage = $ 22
So the cost is = ($ 54 x 1) + ($ 22 x 9)
Cost = $ 54 + $ 198 = $ 252
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