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Pls help my mom will literally scream at me lol . thank you sm:)

Pls help my mom will literally scream at me lol . thank you sm:)-example-1
User Gnopor
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Answer:

The amount Tobie invests in a bank, P = $25

The annual compound interest rate, i = 4%

a. The principal is amount invested in the bank, P = $25

The annual interest rate, i = 4%

b. The function that represents Tobie's account balance, A, after t years is given as follows;


A(t) = P \cdot (1 + i)^t

Where;

A(t) = The amount in the account after t years

P = The principal amount

i = The annual compound interest rate

t = The number of years

c. The values to place in the table are found as follows;

At t = 0,
A(0) = 25 *(1 + 0.04)^0 = 25

At t = 10,
A(10) = 25 *(1 + 0.04)^(10) = 37

The given table is presented as follows;


\begin{array}{ccc}t&&A(t)\\0&&25\\10&&37\end{array}

Explanation:

Pls help my mom will literally scream at me lol . thank you sm:)-example-1
User Nancy Collier
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