I believe the correct answer is A.
Answer:
The exponential function is 
.
You will have $1,100.55 in the account after 2 years.
Step-by-step explanation:
Compound interest:
The compound interest formula is given by:
Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.
Deposit $1000 in a savings account that pays 4.8% interest compounded monthly.
This means that 
. So
This is the exponential function
How much will you have in your account after 2 years?
This is A(2). So
You will have $1,100.55 in the account after 2 years.
I = PRT
720 = (1,000)(0.09)(t)
720 = 90(t)
720/90 = t
8 = t or t = 8
I am not sure if it is terms of months or years but 8 is the answer. hope it helps :)
Answer:
1/24
Step-by-step explanation:
We can't subtract two fractions with different denominators. So you need to get a common denominator. To do this, you'll multiply the denominators times each other... but the numerators have to change, too. They get multiplied by the other term's denominator.
So we multiply 11 by 8, and get 88.Then we multiply 7 by 12, and get 84.
Next we give both terms new denominators -- 12 × 8 = 96.
So now our fractions look like this:
88
/96
-84
/96
Step 2
Since our denominators match, we can subtract the numerators.
88 − 84 = 4
So the answer is:
4
/96
Step 3
Last of all, we need to simplify the fraction, if possible. Can it be reduced to a simpler fraction?
To find out, we try dividing it by 2...
Are both the numerator and the denominator evenly divisible by 2? Yes! So we reduce it:
4
/96
÷ 2 =2
/48
Let's try dividing by 2 again...
Are both the numerator and the denominator evenly divisible by 2? Yes! So we reduce it:
2
/48
÷ 2 =1
/24
Let's try dividing by 2 again...
No good. 2 is larger than 1. So we're done reducing. There you have it! The final answer is:
11
/12
-7
/8=1
/24
Answer:
fiction is 90
non fiction is 70
420 books
Step-by-step explanation:
