Answer:
The exponential equation is <em>A = 600(1.04)^15</em>
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The value of the mutual fund after 15 years is <em>$1,081</em>
Step-by-step explanation:
The value of the mutual fund after the number of years can be represented using the compound interest equation below;
A = P(1 + r/n)^nt
Where A is the value of the mutual fund after 15 years, P is the initial amount invested which is $600, r is the interest rate which is 4% or 0.04(4% = 4/100 = 0.04), n is the number of times we are compounding per year(which is 1 since it is a one time payment per year) and t is the number of years which is 15
Let's plug these values, we have;
A = 600(1 + 0.04/1)^15
A = 600(1.04)^15
A = $1,081 approximately
Answer: The value of x- 2y is a.
.
Step-by-step explanation:
Given: x and y are two positive real numbers such that
and
.
Consider ![(x-2y)^2=x^2-2(x)(2y)+(2y)^2\ \ \ [(a+b)^2=(a^2-2ab+b^2)]](https://tex.z-dn.net/?f=%28x-2y%29%5E2%3Dx%5E2-2%28x%29%282y%29%2B%282y%29%5E2%5C%20%5C%20%5C%20%5B%28a%2Bb%29%5E2%3D%28a%5E2-2ab%2Bb%5E2%29%5D)


Put
and
, we get


Taking square root on both sides , we get'

Hence, the value of x- 2y is a.
.
Answer:
n-58
Step-by-step explanation:
The interest will be $268.80 after 4 years...Brainliest?...