The exponential function that represents the future value of the investment is $300(1.04)^t.
<h3>What is the exponential function?</h3>
The exponential function that can be used to determine the future value of the investment is:
FV = P (1 + r)^nm
- FV = Future value
- P = Present value
- R = interest rate
- m = number of compounding
- N = number of years
$300(1.04)^t.
Where t represents number of years
To learn more about future value, please check: brainly.com/question/18760477
It depends on if the interest rate of 6% is nominal or not. The question doesn't specify. Let's assume that is is a nominal rate, compounded monthly.
Start with 100000 = x * a angle 132 at .5% per month
This becomes 100000 = x * (1-1.005^-132)/.005
Which becomes (100000(.005))/(1 - 1.005^-132) = x
So x is the PMT, which is 1036.70.
So since you have a lot of numbers in your paragraph I think you’re gonna have to do some type of equation or are you just have to show your work because You have to show your work to define as what value
Because that is like the right function and a graph is a horizontal asked about so if you were moved its discount Tilly
The correct answer is -1/3.
