Candice deposits $2,000 at 5% annual interest compounded yearly at a bank which uses the formula A = P(1 + r)^n where A is the current value; P is
the amount deposited initially; r is the rate of interest for one compounding
period, expressed as a decimal; and n is the number of periods, to determine
the current value of the account. Which of the following would be the
approximate value of the account after 10 years?

the answer is 11.2 (i know i’m late)

unless you made a typo, the answers are both a and c.

step-by-step explanation:

1.5/3 is .5 whereas 3/9 is .3333333 not proportional

22/33 is .66666 and 4/6 is also .66666 proportional

2/4 is .5 whereas 142/213 is .66666 not proportional

14/7 is 2 and 7/3.5 is also 2 proportional

you could've also checked it by doing this simple division:

if the larger fraction divides with the smaller fraction to equal 1, it is proportional. so let me show you what i mean:

when i divide 22/33 by 4/6 i get 1, so we know it is proportional, and it is the same with 14/7 and 7/3.5. now if i divide 3/9 by 1.5/3 i get .66666 so therefore we know it is not proportional.

there are many ways to do this so i wanted to show you some possible ways.

1k

step-by-step explanation:

-6k+7k

(-6+7)k

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